COP Leader claims Property Tax will be used to Finance PNM mega Projects

COP Leader claims Property Tax will be used to Finance PNM mega Projects

Congress of the People,  Prakash Ramadhar

Congress of the People, Prakash Ramadhar

Leader of the congress of the People Prakash Ramadhar has claimed that the Property Tax will be misused by the ruling Administration People’s National Movement.
The COP Leader said that the PNM’s Mega Projects would be the beneficiary of the funds from the Property Tax.
He made the comments at a media briefing after the Party’s first National Council for 2016 at its Charlieville Operations Office.

In the meeting members reportedly raised the issue of the re-introduction of the Property Tax.

The COP Political Leader said a Handbook on Property Tax prepared by the COP would be circulated to the media and made available to the public.

He also revealed that the Party was willing to work with the Government to find solutions to the tax burden on home owners.

Leader of the Congress of the People,  Prakash Ramadhar


  • comment-avatar
    Hans-Elmar 2 years

    Everybody is eager to know how the COP is dealing with property tax. Of course the PNM administration has the right to use the tax money for national projects. Therefore the property tax is a good tool to improve the ecconomy.What to do with all the poor home owners who cannot afford paying tax? It is up to the governement to give tax excemptions for investors for a certain period of time.However, if there is no tax on land and property a lot of people would have their property idling and waiting until they will get a maximum of profit on their property without working on it.Also a COP leader shouldnderstand this is not for the best of the productivity of the nation.

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