The proposed “National Capitol Complex Tax Free Zone Act,” Toribiong said will create a tax free zone extending twomiles in every direction from the center and the dome on the Olbiil Era Kelulau. Here.
"I am very disappointed of the actions of this congress. It is just disgraceful listening to them justifying their $50,00o salary. When our leaders in OEK claim that they cannot bring their salary down from $50,000 because of the need to preserve the sanctity, respect, and the integrity of its work, is a travesty to every hardworking Palauan man and woman who voted for them," said Sebastian Andreas, a local businessman and PCC Instructor.
The adopted pay structure will cost taxpayers $60,000 dollars per pay period or $120,000 per month for the 29 lawmakers. And I don't believe one bit that nay revenue generating measure that is enacted in the next ninety days or six monthswill immediately bring in new money to pay for their excessive salaries. It is great disappointment to recall what our leaders told us just a few months ago during their campaign that they will work to offer solutions to relieve teh economic hardtimes upon the people, but instead they only haave solutions to line-up their deep pockets," added Andreas. The sentiments expressed by Mr. Andreas have been echoed by many ordinary people in the past few days. (Tia Belau, February 9-15, 2009)
Saying that he will be introducing a bill to establish agaming commission, after his visit to Korea, Delegate Jerry Nabeyama was joined by his colleagues in the House and the Senate on all expense paid trip to Korea by a Korean businessman Kim Jaei Hong.
Members of the HOD joining Nabeyama on the trip by the memers of the 8th OEK are Delegates Swenny Ongidobel, Horace Rafael, Kalistus Ngirturong. The Senators who reportedly went on the trip are Adalbert Eledui, Paul Ueki, Regis Akitaya, and Hokkons Baules...were invited to visit Korea and tour casino facilities...Mr. Kim Jaei Hong, general manager for Chung-il Invest Co. Ltd. has said he wants to inverst an estimated $30 million to build casino facilities, on the condition that it is either built in Airai or Koror...Casino is a form of gambling which is illegal in Palau. It is also illegal for government officials to go on a trip paid for by foreign company in exchange for favorable official action. (Tia Belau, February 9-15, 2009)
In a troubling sign that Palau's economy is in a tailspin, President Johnson Toribiong warned that the government may furlough employees to balance the budget. Toribiong explained in a letter to Speaker Noah Idechong, "a troubled economy have caused our government's local tax revenues to stagnate, if not outright decline. It is possible, indeed it is likely, that our government will have to cease hiring and even layoff employees in order to stay with its means." (Tia Belau, February 2-8, 2009)
In a move to shore up the revenue stream, Sen. Whipps has proposed a measure to amend the tax collection from a quarterly basis to monthly basis. He said changing to a monthly collection will make the revenue stream more consistent.
BPS Director Norvert Yano stated
in public announcement yesterday that government properties such as
boats, vehicles, furniture, computers and other equipment used by
government employees in their respective jobs or recorded in the
government inventories are missing.
said any person who is in possession of these properties that she or he
did not purchase through the Supply Office or did not obtain through
legitimate means is requested to turn in or report its whereabouts to
the Police so that it can be picked up.
Director said no questions will be asked and the person holding the
property will not be charged if it will be returned in the next ten
Yano said the ten-day grace period started yesterday, February 2 until February 12. S