FB Post by Uni Yamase - Great Reading!
On June 21, 2022 President Panuelo signs amended sections of Public Law 22-139 to authorize Pohnpei State’s Share of the extra 20% of net taxes collected during this 2023 fiscal year be given to fuel wholesalers which is Vital for the purpose to help cut back prices of fuel for Pohnpei residents, businesses, and everyone who pays for their cash power. This went into effect on November 28, 2022 after President Panuleo signs a regulation issued by Department of Finance as an “EMERGENCY” for fuel subsidy. What the Yap Congressmen do with their collected taxes?
Yap’s share of net taxes will go into FSM Trust Fund What the Chuuk and Kosrae Congressmen do? Decided not to Deposit into FSM Trust Fund, but give to the respective states. What the President and Pohnpei Congressmen do with the fiscal 2023 collected taxes? They implement during election period. Categorize it as "emergency" to make law to help decrease everyone’s cash power bill, that is the Utility Bill.
William Kostka reponds:
As I read this press release, I smile, cry, weep and laugh . I SMILE, because like most residents in Pohnpei, I struggle to pay for my cash power and other essential needs, and this will definitely help relief us from some of our daily struggles for the next 10 months. But I also CRY, for this is a TEMPORARY solution that will cost our poor country around $5,000,000 and will end in September 2023 as stated in this press release. We will then be back to paying the higher cash power prices come October 2023. Maybe if the money was given to PUC, they could use it to buy new generators and/or replace the old lines and other
equipment that have become so inefficient and costly. Or maybe they can invest it in solar or hydro power to lead to more permanent solutions. I WEEP because this act is coming right before the Congressional Elections of March 2023, and I am one of the candidates with no power to use public funds to gain favor with the voters. And finally, I LAUGH for I don't know which of them gets to claim that this is their act/law? Will it be the President or the Congressmen? Can I and other congressional candidates, also claim this? Can we claim that our candidacy has led to them taking this unfortunate decision to gain favor with the voters? I was at Sunday service at Mwalok Church yesterday and was told that God decides who wins elections. I wonder if God instructed the incumbents to pass this law. Vote wisely during election, Pohnpei voters!
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