Letter to the Editor: What Islanders really need is a Liberty for Jersey party
I AM writing in response to the letter from John Henwood (JEP 16 October). I find it encouraging that the debate on the role and nature of our government has been initiated by Mr Henwood and I am broadly supportive of his sentiment and views. It is self-evident that if the government seeks to remove a significant proportion of the disposable income from the population then the amount of money available to spend is reduced. Our government has systematically increased the effective rate of taxation from around 20% in 1980 to somewhere in the region of 45% today. It is no surprise, therefore, that our economy is faltering. Increased regulation has hammered much of Jersey’s industry – first making the tourism industry non-viable and lately rendering the finance industry non-competitive as the cost of complying with an ever increasing bureaucratic burden has escalated exponentially. This started in 1998 with the insistence that all corporate entities prepare accounts. Regulation is also mak...