The former Liberian envoy spoke in an interview with the Capitol Times in Monrovia last weekend.
Amb. Barnes said he has observed that many times, the government finds it difficult to differentiate between revenue and value as far as tax is concerned.
He indicated that there has to be a balance between revenue and value. “Sometimes it is good to step outside the box and give you value,” Amb. Barnes noted. Narrating further, he said if the government says a company should employ more people and they would get 1% tax holiday on each employee, such company will employ more Liberians who will in return pay income taxes.
He said when the Ellen Johnson-Sirleaf led administration came to power about decade ago, things were tough because there existed many priorities.
“No matter who would have won the election at that time, there would have been difficulties. There were many challenges. That was further worsened by very high expectations. I think the focus of the government has been too much on the long term sustainable economic strategy. On a scale of 1-5, 2.5 will be fair score point,” Barnes observed.