Richard Murphy agrees with the premier’s tax

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Richard Murphy on his Tax Research UK website heralds the Cayman Islands Premier McKeeva Bush’s announcement of implementing a ‘Community Enhancement Fee’. With a bold headline saying, “Tax is the answer – even in the Cayman Islands” he quotes from another Cayman media house that calls the “fee” a payroll tax.

Mr. Murphy starts off admitting to “quiet amusement” at the news. It’s so nice when our Islands can amuse people in these not so happy times.

The rest of his article says:

Mr. Murphy has written a book titled “The Courageous State” and he calls himself  modestly “The #1Economics Blogger in the UK”. Why not the world Richard? I have already ordered his book and I am looking forward to a nice bedtime read.

So, there is some support for Mr. Bush on his Community Enhancement Fee, and judging by one of iNews’ Letter to the Editor today (31), he has another one.

Published July 30, 2012

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