The tax is aimed at correcting a budget deficit in the island which is also introducing a zero rate corporation tax.
BBC: NEWS | Europe | Jersey | ?1m cost of implementing new tax
He introduced a sliding scale that made capital-gains tax highly complex, and then reversed himself, introducing a single rate of 18%.
During last week's hearing, Jane Herve, UHW head of midwifery, said the hospital has since made four changes, including more training and a shake-up in monitoring procedures as well as introducing foetal heart rate scans to every new woman taken to the midwifery unit.
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The island is introducing a zero-rate corporation tax which the States claims will keep Jersey competitive.
Then, in 1996, America Online opened the floodgates by introducing a monthly flat rate instead of charging by the hour.
"We believe that the government will react to this weaker-than-expected GDP growth rate by introducing more policy measures to boost lending, speed up project starts, encourage consumption, and support property sales, " Jun Ma, Deutsche Bank greater China chief economist said.
In health care, for instance, Christian Democrats want to start decoupling contributions from wages by introducing a small flat-rate premium.
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Labour has already started by introducing a higher income tax rate for the rich, but there have been suggestions that VAT should be raised or some of VAT-exempt items included.
His own reforms, such as introducing a simplified, single-rate foreign-exchange mechanism, private banks and mobile phones, remain on the drawing-board.
From where things stand now, it looks like Cyprus will be looking to expand on its relationship with Russia with an extension of an existing loan, an appeal for a lower interest rate and most importantly, introducing the role of untapped gas reserves to the conversation.
The central banks are out bending interest rate curves at every opportunity and introducing new ways to do so every few months.
The cme Group is going up against its own customers--banks like Barclays, jpmorgan and Merrill Lynch, that is--by introducing over-the-counter derivatives, including interest-rate swaps.
The cme Group is going up against its own customers--banks like Barclays (nyse: BCS - news - people ), jpmorgan and Merrill Lynch (nyse: MER - news - people ), that is--by introducing over-the-counter derivatives, including interest-rate swaps.
American rate-setters may wait until after Nov. 5 before introducing a major hike, he says, for fear of choking off the feel-good factor at the polls.
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