TriniTuner.com | Latest Event:
Moderator: 3ne2nr Mods
It mostly the lower end 1% that deal in dubois activities. The upper 1% dont need to as they now have legit bussinesses stemmed off from the proceed from their early 1980s dubois affairs.matr1x wrote:Drugs found in one of the 1% houses on the islands, anyone?
Then again pnm ppl so dumb that they try their best to copy the 1%...but most don't know how to read.
Sorry my mistakeDTAC wrote:Dubious?
They a bit smarter that trinis, most of those properties were brought in the mid to late 80s during the recession.Miktay wrote:How some of those people became Avenue landowners izan interesting story...
zoom rader wrote:They a bit smarter that trinis, most of those properties were brought in the mid to late 80s during the recession.Miktay wrote:How some of those people became Avenue landowners izan interesting story...
matr1x wrote:Imagine a certain Syrian owns 500 acres in Las cuevas.....
matr1x wrote:Imagine a certain Syrian owns 500 acres in Las cuevas.....
matr1x wrote:Imagine a certain Syrian owns 500 acres in Las cuevas.....
Dizzy28 wrote:matr1x wrote:Imagine a certain Syrian owns 500 acres in Las cuevas.....
No need to be subtle. That story made news so much time that we know it's George Aboud of Starlite Plaza you referring to.
http://www.looptt.com/content/george-ab ... -destroyed
zoom rader wrote:An anti Syrian chead
It's public records of who owns estate in TT.Slartibartfast wrote:Dizzy28 wrote:matr1x wrote:Imagine a certain Syrian owns 500 acres in Las cuevas.....
No need to be subtle. That story made news so much time that we know it's George Aboud of Starlite Plaza you referring to.
http://www.looptt.com/content/george-ab ... -destroyed
Lol. Nice to see people actually starting to use names.
Quick question for any actualy lawyers out there, does using the lord voldemort approach when referring to someone in a public forum do anything to protect you from libel? Assume that you are identifying the person in everything but names (like saying a prominent business owner from south trinidad that owns several groceries, gyms and a night club, but not saying Anand low price, The Rig etc.)
zoom rader wrote:They a bit smarter that trinis, most of those properties were brought in the mid to late 80s during the recession.Miktay wrote:How some of those people became Avenue landowners izan interesting story...
MaxPower wrote:zoom rader wrote:An anti Syrian chead
Yes, full of jealousy and anger.
Pathetic and amusing.
matr1x wrote:A certain condiment girl was seen ina party having a few powered donuts. Hah hah
Facebook face-off
Carla Bridglal
Ansa McAl chairman Norman Sabga faced some flak last week for suggesting that social media giant Facebook was one of the primary contributing factors to the conglomerate’s media arm Guardian Media Ltd’s $11 million loss for the first six months of this year.
The story was one of Newsday’s most popular last week, generating significant online feedback – notably on the same seemingly maligned platform.
Mr Sabga’s point was that these companies don’t pay taxes, nor do they have any major investment in the country, such as employees or property on which they have to pay taxes, and hence have a significant competitive advantage.
Much of the conversation in response, however, suggested that his argument was a cop-out, an excuse for substandard content creation and a lack of innovation.
What he is suggesting is hardly revolutionary. Other countries, including the EU, Australia and India already add certain value added taxes (VAT) to advertising rates. Facebook even has a special information page to help customers understand the process. These tech companies, while they may not have significant physical presence in a country, nonetheless generate vast amounts of income from overseas markets.
The story isn’t even foreign to TT – Uber, which left the country last year, to the chagrin of citizens happy for an alternative to public transport – argued that because it was a tech company and not technically an employer, it did not have to pay standard taxes.
The government disagreed, because as far as it was concerned, Uber, which receives 25 per cent of its drivers’ fares, was still earning an income from within TT.
Facebook and search engine juggernaut Google are by far the biggest platforms for advertisements in the world. Both companies make up a massive 60 per cent of all advertising in the US, or about US$65 billion in revenue. About 85 per cent of these multi-billion corporations’ revenue is made up from advertising.
In terms of overall advertising, digital spend is projected to overtake traditional platforms (TV, radio and newspapers) by nearly US$10 billion (US$129.3 billion versus US$109.5 billion), according to emarketer.com.
It’s undeniable that these platforms have helped fledgling entrepreneurs with marketing and raised the profiles of several social commentators, but the fact remains that for most enterprises that rely on these traditional outlets of communication, online marketing has made a significant dent in their revenues and profitability.
Facebook and Google also remove the middleman, making it so easy to place ads that even advertising companies that rely on traditional media for bookings and placements are hurting.
For platforms that rely on ad revenue, this has totally upended the business model. Newspapers are the most glaring example, as sites like Facebook marketplace and Craigslist have made classified ads almost obsolete. That’s not to say innovation isn’t necessary and it has well been argued that traditional platforms have taken too long to recognise and adapt to the changes in advertising and especially consumer trends. Core demographics now are millennials and their successors, Generation Z, who are for the most part digital natives. They get their content online, and unless media companies meet them there, they will miss out on that market.
At the same time, the State’s responsibility should be for fair play. To be clear, this is not protectionism, but rather, enforcing a more equitable playing field for competition and innovation – and of a way of earning revenue. TT has already implemented the online tax shopping tax (applicable to goods shipped via air), and while controversial, it does not seem to have stopped people buying things over the internet.
Taxes are burdensome and in a recession, often seem deeply unfair, especially to the consumer, onto whom some of that burden is shifted.
But Mr Sabga’s grievance shouldn’t just be dismissed as one-per-cent griping. It’s a rational argument and deserves consideration.
vaiostation wrote:Propaganda machine defending the 1%? Colour me shocked...
Return to “Ole talk and more Ole talk”
Users browsing this forum: Dizzy28, Duane 3NE 2NR, Google Adsense [Bot], VexXx Dogg and 138 guests
