$200 million is the worst case scenario we're told, but projections have risen from $106 million to $200 million (worst case scenario) in just 18 months. A possible $70 million shortfall per annum is not small change, particularly when the country remains in a fiscal mess.
Imagine that, an 88.8% increase with no explanation?
This coupled with the stated losses of $100 million in the public health system is simply unsustainable.
With many businesses in the private sector still reeling from the effects of increasing VAT to 12% suckling another $100 million in taxes will be devastating.
But, forging ahead looks like nothing more than a hedge for the next election. What could be worse than playing politics with an issue like this?