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Senate Tax Writers Seek Privacy Protection

Consumer advocates worry that people who visit a tax preparer may be getting more than help with their tax returns. Taxpayers also could unknowingly or unthinkingly give away private information to companies marketing other products.To head off that risk, some lawmakers are seeking to restrict how tax preparation companies can use the sensitive information entrusted to them by their customers. Such data may include marital status, home ownership or student loans."The marketing, data mining or other commercial uses of tax return information expose consumers to security risks, identity theft and intrusive marketing, not to mention a completely unwarranted invasion of their privacy," Consumers Union and three allied groups wrote in May to leaders of the Senate Finance Committee.Last week, the committee endorsed a proposal by Sen.

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HiLo is not for sale - Wehby

Speaking with the Business Observer earlier this month, he said: "Increase in costs, lower levels in disposable income, compounded with a more competitive market make it challenging for companies."

Escalating operating costs, such as a J$10-million a month electricity bill and security costs jumping by 20 per cent to J$60 million have eroded HiLo's gains. Indeed, it is believed that the chain with 13 stores, 4 located in Kingston, recorded a loss of J$80 million last year.

A memo circulated to Grace's employees by Wehby earlier this week read: "I would like to take this opportunity, as the Chairman of the Board of HiLo, to advise you that we are not in the process of seeking buyers for the company, nor do we have any plans to do so in the near future.

"There is no doubt that the business environment in Jamaica has become increasingly challenging for all supermarket operators.

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