I assume that by now you have all heard about the ridiculous and outrageous new taxes that have been levied on new cars entering the country. The value of a small car has shot up by a minimum of 25,000 as of last week, while the more luxurious ones have gone up by some SR 200,000! All under the guise that the measure is warranted in order to reduce traffic, instead of telling us the truth that this is really nothing more than a new “luxury” tax! Once more, the Seychelles people are being rammed in the backside by a bunch of crooks in a glass building! What next? A tax on mangoes and “santol”?!
Interesting times ahead! We can now boast another first on the list; that Seychelles has the highest car tax in the world! And more of our young professionals will remain overseas or simply pack up and leave, since a car is not considered a luxury by any standards anywhere else in the world! Cuban economics at play again; Danny has learned well from his sojourn in Cuba!
And as for the banning of new licenses for car hires, once again, it is the SPPF who set the precedence and allowed car hires to operate with only 5 cars! Obviously, it was cheaper to buy 5 small cars and get the 50% TIA concession than it was to import a new car and pay full taxes as an individual. Anil Valabhji has been laughing all the way to the banks for years now!!!! Who needs stock on the Seychelles stock market? Soon, we will be trading car hire licenses, banbara license, fishing boat license and so on. What next? A “Bourgeois” license maybe, or even a “Bekin” license! Or why don’t we fine people who drive and give the money to SPPF people who walk instead.
I think it is a good time to invest not in the stock market, but in a few oxcarts on La Digue. We can start breeding some bulls so that we can bring them to Mahé to replace cars. And then we can have a “Bull-Shit” tax every time the bull takes a shit! Are you listening Danny?
Ale Sesel!