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 Dear
Friends:
Today a few majority senators introduced Bill 267 to roll back the GRT to 4% effective April 1, 2004. Read Bill 267 here (in Adobe Acrobat format. 222 KB): Bill 267 takes six pages to accomplish what Bill 54 (introduced by the Republican minority last spring) does in one sentence. Read Bill 54 here: Bill 267 will have to make its way through the legislative process: a public hearing and a committee report. Why bother? Bill 54 has had a public hearing. The committee report has been finished for months. Here's a suggestion: amend Bill 54 on the session floor to take effect on April 1, 2004; pass the bill during the March legislative session and be done with it. The economy is recovering and more revenues are coming into the treasury, but not because of anything done by GovGuam. Tax revenues are going up because of increased tourism, increased construction and increased military activity. The private sector (and military) is reviving the economy, not the actions of the government. Right now focus is what is needed most. Focus on prioritizing the three most important functions of government: public education, public health and public safety; and reforming this government to a size best able to handle the inherent swings of the tourism industry and the policy permutations of the military. Those actions will have a greater positive effect on our island than any tax increase will ever have. Please give me a call or e-mail me to discuss any issues on your mind. As always, I'm interested in your thoughts and ideas. Sincerely, |
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