Taxing issues

July 2, 2012Posted inEconomy, Government12 Comments
The National Assembly passed the Tax Revision Bill last week. The Bill is now with the National Council. The Council will discuss the Bill, but, because it is a “money bill”, the Council can only make suggestions and recommendations that the National Assembly may, or may not, chose to accept. (Last year, the Assembly did not accept any of the Council’s recommendations on the budget and tax revision bills. In fact, the Assembly just skimmed through the recommendations, barely discussing them.) The National Assembly has passed the Tax Revision Bill. But, we didn’t discuss it properly. After the Bill…

Carbon neutral?

July 5, 2010Posted inGovernment
Dorji, commenting on my last post, GNH vs GDP: … what is surprising is that OL seem to have been engrossed in counting the repetition of GNH instead of the substance of the address itself. Dorji is right. We should pay attention to, and analyze, the substantive parts of the PM’s address. So that’s exactly what we’ll do over the next few days. Here’s the plan: I’ll pick up some issues, one at a time, and we’ll discuss them. Let’s begin with something easy: the environment. In his State of the Nation address, the PM informed the Parliament of…