Gas Tax is the Fairest and Most Efficient Tax in Jamaica Posted on April 23, 2009April 23, 2009 by Your Financial FactSheet Jamaica Observer: “Gas tax is the fairest and most efficient tax in Jamaica” On Monday, both the Observer and Gleaner newspapers suggested that an increase in the taxation of gas was coming. The argument was made by “highly placed sources” that without a cess on gas, it would not be possible to pay for needed infrastructure, particularly roads and bridges. Jamaica Gleaner: “Latam Economy to Shrink 1.5% in 2009” Latin America’s (LatAm) economy will shrink by 1.5 per cent in 2009, ending six years of strong growth as the world economic crisis slashes financing and demand for exports – though dealing a softer blow here than in many regions, the International Monetary Fund (IMF) said Wednesday.