Margaret Sivers (l) Chris Sinckler (r)

A Tax Plan

Submitted by Frank Forde

barbados_revenue_authorityIn this our 50th year of independence, I am aware that blacks and other ethnic groups especially the whites made a contribution to the country. The question is, who made the greater contribution and if one follows the history of Barbados, one can clearly see that without labour and capital, Barbados would not be at the level of development as it is today.

Both blacks and ethnic groups contributed to the development of Barbados; the blacks contributed labour whilst the whites contributed labour and capital. In addition to the capital, the whites made a significant contribution to tax revenue.

Now if I were to follow the history of direct taxation in Barbados starting from the Income Tax Act,1921, the major portion of the taxation was provided by those persons who were in receipt of income above the tax threshold and these were known in the Inland Revenue Department as “CAPTIODs.” C stands for companies, A for persons engaged in agriculture, P for professionals, T for traders, I for investors, O for others who did not fall into the above categories and D for divided which were mainly partnerships. Tax rates were high as well as income and this revenue assisted the government of the day to provide free health care, education and other services.

In the eighties, when it was recognised that agriculture was declining and the tourist industry which was now the major industry could not provide the revenue that the agriculture sector provided, due to the concessions given to that industry, Barbados had to look for other sources of revenue and it turned to the offshore sector. At that time, Barbados went into it half heartily as there was resistance from various sectors and groups who felt that Barbados did not need foreign investment and that it could make it without such investment. Remember St. George’s University and “cadavers.” Now we are begging such universities and other businesses to locate here and today a large percentage of the population still believes that Barbados does not need such investment. Legislation enacted to encourage both foreign and local investment contained too many restrictions/ conditions that restricted some investments. This was done to protect the so called small man, who remained small despite all the incentives that were given to that sector. Numerous countries which were underdeveloped and encouraged foreign investments have surpassed Barbados in developing their export industries and as a result provided substantial employment for their citizens.

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72 Comments on “A Tax Plan”

  1. Hopi June 18, 2016 at 7:49 AM #

    The question is who made the GREATER contribution? Blacks contributed labour whilst whites contributed labour AND capital and in addition to capital whites made a significant contribution to tax revenue..THEREFORE one is compelled to conclude that of all the ethnic groups in Barbados whites made the GREATEST contribution.

    Can we start at the beginning? Where did these whites get this capital? Weren’t the Black slaves overworked and NEVER paid or if ever paid, underpaid while the whites collected the fruits of their labour…..hence the accumulation of ‘theft’ capital?

    Who brought about the decline of the agricultural sector? Who threw away the sugar industry?

    How about removing these huge tax concessions from those Corps/Business that can definitely afford to pay?

    Which taxpayers have not supplied the requested information…Blacks or Whites?

    Liked by 1 person

  2. Donna June 18, 2016 at 8:01 AM #

    Thank you very much Hopi! That should flush the shiite down the toilet. No need for us to play with Frank Forde’s shiite! Let’s avoid sticking around for that stench.

    Liked by 1 person

  3. Watchman June 18, 2016 at 9:35 AM #

    Frank spent years at IR , old age got the man , he still drives to town on morning like he going to work

    Like

  4. David June 18, 2016 at 9:44 AM #

    @Watchman

    What about the submission you disagree with?

    Like

  5. Donna June 18, 2016 at 10:30 AM #

    David,

    Are you REALLY encouraging somebody to discuss this shiite? When a man begins by saying that – “especially the whites made a contribution to the country” you are encouraging us to DISCUSSION????!!!! David, shiite is meant to be flushed before the full stench assails the nostrils. Hopi flushed it. You want to examine floaters?

    FLUSH!

    Like

  6. David June 18, 2016 at 10:39 AM #

    @Donna

    Are you saying Whites did not help to build the country?

    Are you saying his point about building a more efficient tax system is not a relevant discussion?

    Must we flush the good and the bad?

    Where is the good in such an approach?

    Was Samuel Jackman Prescod a White man?

    On Sat, Jun 18, 2016 at 2:30 PM, Barbados Underground wrote:

    >

    Like

  7. Bernard Codrington. June 18, 2016 at 10:42 AM #

    This article is one of those comments that engage in partial analysis and is mainly the root cause of the economic morass in which we now find ourselves . Taxation is not a racial issue , nor a class issue. All races and all classes have been paying taxes . Income and corporation tax is not the only form of taxation. Indirect taxes contribute to GOB revenues as well. It would have been useful to compare the relative shares of Direct taxes to indirect taxes. The bulk of the indirect taxes fell on the low income groups,pensioners and the poor, who do not own businesses or work for high incomes. Indirect taxes are regressive. VAT is an Indirect tax. It is a tax on spending and very often hits the low income groups hardest.
    The introduction of foreign investment is a red herring that only seeks to confuse the issue. Except where the concessions of no import duties reduces the ability of GOB to pay for health and education which are important human capital investments ,which drives future economic growth and income and tax revenues. The article is seeking to solve a short term problem and ignores the long-term economic sustainability of Barbados.

    Like

  8. Donna June 18, 2016 at 11:17 AM #

    David,

    One would have thought that after my many posts on BU you would not pose such simplistic black and white questions to me.

    But the beginning of this article starts by proclaiming the rest of the article unworthy of consideration.

    Thankfully I have not yet reached the stage where I have to pick pee outta shit!

    So….. flush floaters, flush!

    Like

  9. David June 18, 2016 at 11:23 AM #

    @Donna

    Nuggets of truth can often be found in the most unlikely places. The strength of the author is his work in tax management. Why allow yourself to be distracted by the fluff?

    Like

  10. Watchman June 18, 2016 at 11:23 AM #

    @ David

    Frank started his submission by saying, the Whites contributions were significant and blacks contributions were only labour , Frank may as well say that the whites own Barbados, since the black were also a form of the whites capital,

    Like

  11. David June 18, 2016 at 11:27 AM #

    @Watchman

    What about the stuff he wrote about our tax system?

    Like

  12. Donna June 18, 2016 at 11:31 AM #

    David,

    Well, you can pick through the shit then. My stomach is not so strong. I am not about tinkering in tax reform. I want a revolution in thinking. Do you think a house nigga capable of that?

    Like

  13. David June 18, 2016 at 11:38 AM #

    David,

    Well, you can pick through the shit then. My stomach is not so strong. I am not about tinkering in tax reform. I want a revolution in thinking. Do you think a house nigga capable of that?

    Sometimes it is because you disagree with a position it provokes a constructive response.

    Like

  14. TheGazer June 18, 2016 at 12:46 PM #

    I was hoping that Hopi’s and Donna’s summary of the article was adequate. It was my intention not to comment on this but I have been dragged in. The second paragraph which states that black only contributed labor and the ‘whites’ contributed labor, capital and significant tax revenue tells me the blogger has blacks still on the plantation.

    With the passage of a 150+ years a few of us may have managed to have contribut capital and pay taxes.

    Did not get past paragraph 2…..

    Like

  15. chad99999 June 18, 2016 at 1:22 PM #

    While you all are arguing about who has been paying taxes in Barbados, the largest newspaper in Canada, the Toronto Star, is continuing its campaign to force a revision of the tax treaty between Canada and Barbados that was originally signed in 1980. Big story in today’s edition on this subject. More trouble ahead.

    Like

  16. Watchman June 18, 2016 at 4:15 PM #

    @ David

    I trying to pick at the stuff about the Tax System,

    @The Gazer

    Frank Ford grand Mother was a Red that pass as Bajan white, Frank live in the same house that he born in

    Like

  17. Donna June 18, 2016 at 4:18 PM #

    The missing piece of the puzzle.

    Like

  18. Watchman June 18, 2016 at 4:51 PM #

    Frank Forde should say what prompt him to write this submission to now , is it some kind of Baloney

    Like

  19. NorthernObserver June 19, 2016 at 1:12 AM #

    This is a perfect example of how BU bloggers operate.
    The racial contexts used early added NOTHING to the article, which could have begun at the breakdown of taxes paid by income bracket.
    He fails to address tax ‘leakage’, both personal and corporate. Given the drastic drop in corporate taxes collected this needs analysis.
    And yes governments are moving to VAT type taxes [consumption taxes] largely because they CAN collect them, and yes, they sting the lower income earners relatively more.
    Income taxation is a broken system. It needs scrapping and re-inventing.

    Like

  20. Artax June 19, 2016 at 9:41 AM #

    Donna June 18, 2016 at 10:30 AM #

    “Are you REALLY encouraging somebody to discuss this shiite? When a man begins by saying that – “especially the whites made a contribution to the country” you are encouraging us to DISCUSSION????!!!!”

    @ Donna

    I usually agree with you, however, on this occasion, I have to disagree with your above comments and assessment of the article.

    Forde wrote: “In this our 50th year of independence, I am aware that blacks and OTHER ethnic groups especially the whites made a contribution to the country.”

    According to “Wikipedia,” an ethnic group is basically “a community or population made up of people who share a common cultural background or descent.”

    If we were to examine the phrase: “OTHER ETHNIC GROUPS,” you would realize that, within a Barbadian context, this particular group would comprise of the East Indians (Indians/Pakistanis), Arabs (Syrian, Lebanese, etc.), “coolie men,” whites and people from various countries that have made Barbados their home.

    I interpreted Forde’s mentioning of “especially whites” was to simply emphasize that, of the ethnic groups, the whites, in particular, made a contribution to Barbados.

    Like

  21. Bush Tea June 19, 2016 at 10:55 AM #

    @ Artax
    Bushie regrets that you have so eloquently put that aspect of the author’s paper into perspective, thus reversing the initial instinct to dismiss it on the grounds that it was a lotta racist piss.

    Now, regretfully, Bushie will have to engage those of your economic ilk on the basis of the author’s fundamental point that:

    ==================================
    “I am therefore convinced and support the opinion of leading experts that
    Caribbean countries must encourage foreign investment in order to reduce their
    fiscal deficits and repay their debts. Just like in the eighties when the offshore
    sector assisted us greatly with our fiscal deficit, we must depend on foreign

    investment that provides tax revenue.”

    Now THIS is the real shiite dripping from this paper. Clearly this man Forde went to the same school as yourself and your mentor Owen S…

    In short, what he is saying is that “in order to continue spending more than we are earning, he is convinced that Caribbean countries must encourage and depend on strangers to bring them money to offset this deficit.

    Now unless these strangers are blasted crooks looking to launder money, they will be looking for some kind of personal gratification in return for their hard cash…ent it?

    And you DO know what that business is called …Right?

    This man Forde (along with Owen, you, and others,) have openly called for Barbados to become a whore in order to survive….and wunna have been able to implement the dastardly plan too.
    It was too sweet at first nuh??!!

    Every idiot (including AC and Alvin) knows that hoes appear to be successful in their early years. Shiite!!! some even do pretty well into their forties….

    Do you know of any successful FIFTY-YEAR-OLD ones….?

    Like

  22. Artax June 19, 2016 at 11:38 AM #

    Bush Tea June 19, 2016 at 10:55 AM #

    “Clearly this man Forde went to the same school as yourself and your mentor Owen S…”

    I would have preferred if you had mentioned Dr. Don Marshall or Dr. Philmore Alleyne as my “mentor.”

    +++++++++++++++++++++++++++

    “This man Forde (along with Owen, you, and others,) have openly called for Barbados to become a whore in order to survive….and wunna have been able to implement the dastardly plan too.”

    Perhaps you would care to present to BU, excerpts from any of my contributions in which I “openly called for Barbados to become a whore in order to survive….”

    It is interesting to note that you are “eloquently” critical of other bloggers’ contributions. You should have “tested the waters” by “postfacing” your contribution with alternative suggestions on how Barbados could reduce its deficit and earn foreign exchange, thereby providing an opportunity for the BU audience to DISCUSS YOUR IDEAS.

    Like

  23. David June 19, 2016 at 11:49 AM #

    @Bush Tea

    Given the size of our debt, the level of servicing required and at the same time engage in developmental work where are the inflows of revenue/investment to come from?

    Like

  24. Donna June 19, 2016 at 12:18 PM #

    Artax,

    Did you also read the second paragraph which states that blacks contributed labour whilst whites contributed labour and capital and tax revenue? I forgot his question in the first paragraph- who made the greater contribution!

    I stopped reading after the second paragraph. If you can tell me that he is going somewhere other than where I think he is, I’ll read the rest. But if he is, then that’s MIGHTY POOR WRITING! The beginning introduces your train of thought or it should.

    Like

  25. Donna June 19, 2016 at 12:30 PM #

    One cannot be seen as making a contribution to the country when one wrings labour out of people one has never paid for and hangs on to the capital it produced, handing over a small percentage to the treasury whilst continuing to enrich one’s selves off the labour of descendants of the original forced labour.

    You were right about the English of the first part, though. The rest of the paragraph made me miss that.

    You and Bushie can continue to discuss his substantive argument. I still believe him to have started too far wrong to ever be right. His perspective is flawed.

    Like

  26. Bush Tea June 19, 2016 at 5:35 PM #

    LOL @ Artax
    I would have preferred if you had mentioned Dr. Don Marshall or Dr. Philmore Alleyne as my “mentor.”
    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    Boss, those are your ‘economic ilk’, along with Dr Frank, Dr Howard etc.

    …and why ask Bushie to state the obvious by “postfacing” his contribution with alternative suggestions on how Barbados could reduce its deficit”.

    You DONE KNOW that “by the sweat of a man’s brow should he eat bread”. Any two-bit housewife on minimum wages; with 4 kids; .. and no effective father, can tell you how it works.

    WRITE THIS DOWN, IT IS NOT TAUGHT AT UWI.. It is called “Living within your damn means.”

    In your case, it says that the aim of life is NOT to find some means of paying for your fancy SUV, …BUT that you must find some PRODUCTIVE area where you can EARN the right to own and drive such a vehicle.

    In Barbados’s case, it means that we DO NOT have any rights to ‘champagne taste’ while producing at the level of mauby pockets.

    ANY ‘experts’ who seek to suggest that we have a ‘RIGHT’ to eat bread – and that strangers should be expected to bring us money to buy that bread ….is a jackass on the way to enslavement….along with those who follow their idiocy.

    ….surely, this is all obvious…???!!

    Like

  27. Artax June 19, 2016 at 10:24 PM #

    Donna June 19, 2016 at 12:18 PM #

    I stopped reading after the second paragraph as well and have to agree with you that it’s “MIGHTY POOR WRITING.”

    Like

  28. Bush Tea June 19, 2016 at 11:08 PM #

    Wait Artax …..
    Nothing to say about living within our means?

    Would that mean your having to give up the SUV?
    LOL
    ha ha ha

    Like

  29. Vincent Haynes June 20, 2016 at 6:43 AM #

    I wonder why it is so important to the scribers on BU to disown their european tribal linkage and by extension picking a quarrel where none exists as to who made a greater contribution to the economy of Bim……mullatoes all.

    Like

  30. Donna June 20, 2016 at 7:29 AM #

    Living within our means is the only way to go. Necessities first. Recreation and leisure that costs us little to nothing. (Ask the old people what that is.) An occasional luxury/treat. We need a change in our attitudes and expectations. The older I get the more I realize that. A real leader would get us to understand that but he/she would have to lead by example and cannot be seen as living too far above the people. Soooooo…….

    Like

  31. Artax June 20, 2016 at 7:36 AM #

    Bush Tea June 19, 2016 at 5:35 PM #

    “WRITE THIS DOWN, IT IS NOT TAUGHT AT UWI.. It is called “Living within your damn means.”

    “In your case, it says that the aim of life is NOT to find some means of paying for your fancy SUV, …BUT that you must find some PRODUCTIVE area where you can EARN the right to own and drive such a vehicle.”

    @ Bushie

    I agree with “Living within your damn means.” However, it seems you have purposely forgotten to explain how would “Living within your damn means” reduce the deficit and earn foreign exchange for Barbados.

    Okay, I decide to “live within my means” and rather than purchasing a Suzuki Swift or one of the popular “reconditioned” vehicles, I decide to catch the Transport Board bus to and from work. Unfortunately, the bus is either seldom on time or there is no service, which results in me arriving at work late almost every morning. The boss man becomes fed up of hearing my usual “I en get nuh bus” excuse and terminates my services, to hire someone who decided to “live without their means” to purchase a Suzuki Swift.

    In reality, this scenario, along with the lack of water, etc occurs every day resulting in the loss of productive hours, which eventually has a significant negative effect on productivity.

    How would “Living within your damn means” pay for items such as medicines, Transport Board bus parts, or other government supplies, which must be imported because they are not produced in Barbados, for which we must have foreign exchange?

    By the way, “living within my means” and “by the sweat of my brow” have given me the opportunity to afford purchasing my fancy SUV without any assistance from a bank or finance company. LOL, hahahahaha!!!!

    Like

  32. Bush Tea June 20, 2016 at 8:21 AM #

    @ Artax
    The same way you purchased your fancy SUV “without any assistance from a bank or finance company” is how Barbados needs to purchase its medicines and bus parts etc.
    The same way you recognise that going to the finance companies and banks will compromise your independence and place strangers in position to dictate your life, Barbados needs to avoid borrowing to the extent where outsiders can dictate our future.

    How come you did not accept a gift of a SUV from some wealthy benefactor? ….were you afraid that it would come back to bite you in the behind? ….then why advocate that Barbados lobby for rich strangers to bring us expensive ‘investments’? Do you think that THEY are altruistic?

    The RIGHT way, as you well know, … is to work hard, save, be thrifty, co-operate CO-OPERATIVELY with those of common mind, and to manage our budgets well.
    The lotta economics shiite theories promoted by your UWI mentors (who, by the way are all poor as shiite) are based on an albino-centric attitude of entitlement that can generally only be supported by exploiting others, …or by prostituting oneself.

    By the way … where did you get that analogy about lack of water etc? …from Simple Simon?
    Dat is a lotta shiite Boss!!!
    LOL
    ha ha ha

    Like

  33. David June 20, 2016 at 8:42 AM #

    @Bush Tea

    The challenge we need to factor is the current state of the economy, how do we ease our hand from the lion’s mouth and at the same time reset.

    Like

  34. Donna June 20, 2016 at 8:59 AM #

    David,

    Well put. That is the challenge. But the first step is to start living within our means now. Then we will be able to better service our debt. We also need to reduce our need for foreign exchange by producing more of our own food and switching from fossil fuels to alternative energy eventually.

    Simple housewife solutions. The “big-brained men” can take over from here because I don’t believe in skipping to step four before we have taken steps one, two and three.

    The “big-brained men” can continue to ignore whom they feel is another “Simple Simon” and believe I know nothing about economics.

    Like

  35. Artax June 20, 2016 at 9:52 AM #

    Donna June 20, 2016 at 8:59 AM #

    “We also need to reduce our need for foreign exchange by producing more of our own food and switching from fossil fuels to alternative energy eventually.”

    @ Donna

    Let me start by saying I AGREE with your above comments.

    However, it is easy for us to say we need to “produce more of our own food,” but the REALITY of the situation is many young people are not interested in agriculture because they associate it with slavery. And to add “insult to injury,” since many of the plantations are owned by white people, the thought of working in this area fills them with abhorrence.

    How many of those individuals who are advocating for agriculture would explain its benefits to their children and encourage them to pursue a career in agriculture, especially if that child went to HC, QC, Combermere or St. Michael’s?

    A friend of mine told me her daughter, who is about 31 years old, refuses to cook because she does not want to be “old fashioned” like her mother and there are many fast food restaurants in Barbados, which gives her another reason not to cook. Similarly to her, many younger folk are of the opinion that it is faster and more convenient to buy food than to go through the burdensome task of preparing and cooking a meal.

    These are the types of attitudes we NEED to CHANGE. Morals, virtues, manners or discipline cannot be legislated.

    Like

  36. Donna June 20, 2016 at 10:00 AM #

    Artax,

    Exactly! We start with the younger people. That’s what I did up until yesterday at my shiite church. These are the things we discussed. The lesson provided for my use was unused until the end when I looked at it and found I wasn’t far off anyway. By the end of the lesson they were agreeing with me on what has to be done. Will they do it? That’s not up to me. My job is to connect the dots.

    Like

  37. Due Diligence June 20, 2016 at 10:14 AM #

    Artax June 20, 2016 at 9:52 AM #
    Donna June 20, 2016 at 8:59 AM #

    “However, it is easy for us to say we need to “produce more of our own food,” but the REALITY of the situation is many young people are not interested in agriculture because they associate it with slavery…………………”

    OR – many young people are not interested in agriculture because they associate it with hard work.

    Like

  38. David June 20, 2016 at 10:20 AM #

    Explain how change will occur with the younger group if the older group is responsible for promoting the change?

    The big nut to crack also is how did we attract a nucleus of Bajans to drive the change uninfluenced by partisan political bullshit.

    Like

  39. Bush Tea June 20, 2016 at 10:32 AM #

    @ David
    how do we ease our hand from the lion’s mouth and at the same time reset.
    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    Let’s face it…
    Sometimes it may be better to just let the damn lion eat you …. after all lions gotta eat, and some of us may well serve no better purpose.

    Contrary to popular beliefs, life is hard, and then you die. Life is an uncompromising arrangement. When fools make mistakes in the REAL world, they pay a serious price, this is why wise parents can be sometimes uncompromising in disciplining silly young offspring who are ignorant of these realities.

    Since the end of the last world war, we have been living in a false reality that was created by some REALLY interesting occurrences….ranging from the cold war, the use of nuclear weapons against cities, unprecedented advances in technology (driven by the war) and the emergence of a group of world leaders who were shaped by the horrors of the war.

    As a direct result, there are many of us who grew up during this period, who are living with a false sense of security and indeed, of entitlement. There are many people who believe that they have some RIGHT to a certain kind of life – of luxury, and security, and justice, .. without any sacrifices on their part.
    Such persons are due for a very rude shock ….and very shortly too…
    People such as those that Artax highlights – who ‘don’t like to cook’; who ‘don’t do agriculture – because of slavery; who must have transport at their convenience; who need to have the luxuries of life….

    They will find that, rather than easing their hands out, it may be better to put the rest of their bodies into the lion’s mouth…. and get it over with, cause the alternative may well be beyond their reach now….

    Lotta shiite!!!
    Lotta weeping, and wailing, and gnashing of teeth…..

    Like

  40. millertheanunnaki June 20, 2016 at 10:37 AM #

    @ Donna June 20, 2016 at 10:00 AM
    “But the first step is to start living within our means now. Then we will be able to better service our debt. We also need to reduce our need for foreign exchange by producing more of our own food and switching from fossil fuels to alternative energy eventually..”

    You put rather mildly as if there is an option for Barbados.
    Can’t you see the inexorable downward slide in the country’s foreign reserves?

    With the looming threat of starvation, as is taking place in Venezuela, do you think young so-called educated Bajans would rather continue to suck imported salt or would they go back to the land to grow their own food?

    Barbados is no Ethiopia or Sudan or even Venezuela with its largest oil reserves in the World.
    Don’t expect International donors to provide food aid when thousands of acres of former arable land is left in bush.

    Like

  41. Topcat June 20, 2016 at 9:50 PM #

    I wonder if my colleague understands what is meant by tax holiday. Frank I know you don’t like indirect taxes but they provides the bulk of government’s revenue. The so call lowly paid person are the ones who subscribes largely to this revenue. In fact Frankie boy you have the bull by the horn because it is the blacks that built this little rock that the few withes enjoys freely. Yes I say freely because they get all sorts of concessions that eliminate any taxes they pay. Look at the situation with the canes, you are aware that they are being paid to plant canes? Madness! The same shit exist in respect of the tourist industry. The taxes the poor pay are used to repair their hotels! I work with you and I know that you see everything backward so I forgive you buddy!!

    Like

  42. Topcat June 20, 2016 at 10:09 PM #

    Oh Frankie I forget to expand on the tax holiday bit, you see we don’t really get much from those offshore companies because of the tax holidays. In other words they operate tax free for a period of about ten years. As soon as the period is over they up and leave. You know this too Frankie so stop bulling around. We are in this mess because Arthur put all his eggs in the service industry basket. He killed off our agriculture and manufacturing industries because he was enjoying the legalize money laundering industry know as offshore banking. You saw what happen when the plug was pulled. Now you are advocating that we go back to that? Boy you are so stupid I wouldn’t even buse you!!

    Like

  43. Donna June 21, 2016 at 8:34 AM #

    Miller,

    If I spoke too passionately I would be dismissed as being an emotional, illogical woman. I know how dire the situation is. Unfortunately mankind does not act until forced to and it is often too late for some. I truly believe that we will have to hit rock bottom before we get up off our behinds. Long time I’ve been saying that a real earthshattering quake would shake some sense into us or a real hurricane would blow some sense our way. Maybe if everything was flattened we would rebuild it gradually in the right way. Is that strong enough for you?

    Like

  44. Donna June 21, 2016 at 8:45 AM #

    Artax,

    The government has control of many plantations also. And we can also grow in our backyards to supplement. The shiite Anglican Church also has lots of arable land which youth groups could be encouraged to work. The 4-H programme is also making a resurgence. They are ways to make farming seem exciting if we are a little creative. How about a Crop Over agricultural link?

    If the authorities keep up with the praedial larceny prosecution more farmers would be successful. Many farmers would discourage their children from pursuing farming because they don’t see it as being viable.

    Like

  45. Donna June 21, 2016 at 8:46 AM #

    A work up and wuk up programme.

    Like

  46. Frank Forde June 21, 2016 at 7:39 PM #

    The truth matters and it hurts.
    What I am trying to do is to explain to the public that we as a people that we know our situation and must put our heads together to remedied it. In preparing the paper and examining the 2007 table, I found that Barbados has a major problem in that its social commitment is too much for the country to bear and something must be done urgently to overcome any problems in the future. what is at stake is that Barbados must provide for these people.
    As the saying goes, all hands must be on deck, so if we continue with the same divisions in our society we are not going to make much progress. Although Barbados is a christian country it appears that it leaves out one of the principles which is forgiveness.
    I have read the comments submitted and I have no problems with the comments. I love criticism because it helps me to understand the thinking of those individuals.
    Some of the comments made dealt with foreign investment and agriculture.
    One of my critics called Topcat stated that he is a colleague of mine and he is of the opinion that I don’t understand what is meant by tax holidays and also that I don’t like indirect taxes.If he is a former colleague of mine, then he does not know me.
    Tax holidays are given to entities that bring jobs to Barbados. It is not a revenue earner. Remember INTEL Now if those are saying that our people should forget foreign investment that provides jobs and concentrate on farming, then why are spending millions of dollars educating our people at secondary schools and the UWI. Those who are of this opinion have the same opinion as some people in the UK in the fifties and sixties, who were of the opinion that the problems in the colonies were partly due to educating the people in Africa beyond the third standard level and they did not want to work in agriculture. If those who want to support those British people it is their opinion.

    Like

  47. Gabriel June 21, 2016 at 9:10 PM #

    Butch Stewart came to Barbados and got 40 years of tax free operations.He even bring Jamaican rum to serve instead of good olde Mount Gay,one of the best.Now Barbados is in crisis partly because of poor management skills into the Ministries of Finance,Economic Planning,Economic Development,Tourism Development and the Office of Prime Minister.Facts are facts.Giving Butch Stewart 40 years of tax freeness is pure unadulterated madness.Result is Services have to be reduced so first casualty was UWI and state supported tertiary education.Bham,just so the youth take a massive hit.The future leaders of Barbados got taken down just so!Next on the list is the Environment.Garbage all over the place except where it should all be; outside the home of Mr Corruption himself.Next on the list is the QEH.Soon from now the Minister of Health will roll out the many changes coming and which will affect the services citizens were accustomed to at state expense,taxpayer funded.Transport Board taking a big hit,roads and highways in advanced stage of disrepair and neglect,Water which Bajans accustom to is in crisis in the north and eastern parishes,St Andrew folk don’t know if Whitehill coming or going,Street Vendors unable to vend because there is no place for them to vend.It looks like there is no one at the hellum.Meanwhile Butch Stewart and his select staff are given a free pass and he is seen as doing a favour.Its only a matter of time before the other hoteliers throw down the gauntlet and force an equal playing field.See what’s happening in a sister Caricom country.

    http://antiguaobserver.com/antigua-hotels-tourist-association-calls-for-all-hotel-tax-concessions-to-be-equal-end-fair/

    http://antiguaobserver.com/pm-accused-of-defamation/

    Like

  48. Bernard Codrington. June 21, 2016 at 9:11 PM #

    This article really put the cat among the pigeons.The basic principle of the christian religion is to love each other as we love our selves. Certainly some of the political and economic policies over recent times did not reflect this basic tenet. The economic crisis, which was not of our doing, has caused us to panic and so we seem bent on this name blame and shame game. We need to decide whether the model which put us at the head of developing countries socially,economically and politically is applicable in this post modern age. Personally I see no need to abandon the mixed economy model.
    What most thinkers observe is that the private sector is taking over the roles of government at a higher cost to the tax payers. The private sector should be providing private goods and services to the public. They should leave the public goods and services to the state. They should not be in road building, transport, lower income housing, ports, education or essential health services.
    The private sector is supposed to be driven by risk taking. They avoid risks by asking for government subsidies , waiver of taxes and within recent times the transfer of public lands. They even seem to convince government to guarantee a market for them by collecting payments through the public tax system..So whereas Developed countries are trying to get persons and corporations to pay their fair share of taxes,Barbados, a developing country is doing the opposite. It is this redistribution of the tax burden that is making most taxpayers uncomfortable.
    Should government be developing and marketing the tourist Industry or should the Hotel Association be doing this? Just a mischievous thought!! What about agriculture, Manufacturing and Commerce?

    Like

  49. Donna June 22, 2016 at 8:40 AM #

    Frank Forde,

    If one forgives in the middle of the battle one will surely wind up dead! The battle is NOT over!

    Like

  50. Gabriel June 22, 2016 at 9:13 AM #

    The Antiguan Gaston Browne administration has challenged the abrasive Butch Stewart,the darling and saviour of the likes of Freundel Stuart,Richard Sealy and Chris Sinckler,to take to court the matter of Sandals charging the full tax rate of 12.5% on rooms and converting 65% of the tax to its own use and paying over the remaining 35% to the Antiguan authorities.

    http://antiguaobserver.com/sue-me-browne-tells-sandals/

    Like

  51. I Brathwaite June 22, 2016 at 9:30 AM #

    Codgy, I ain’t read the speech at the top yet but as I just arrived and caught your comments I was most interested in de remark that ** The private sector is supposed to be driven by risk taking. They avoid risks by asking for government subsidies , waiver of taxes and within recent times the transfer of public lands.

    That sounds true but when we look across Barbados and de world we does see all sorts of big-ass private fellows tekking risks COMPLETELY on de backs of government and de people.

    Wha was CLICO. Dem big boys tek serious risks wid the insurance investment dollars because dem KNEW that the government would essentially be forced to cover the ‘jeopardy of failure’. They knew dem was insulated personally and dem had real propa people pon dem Board of Directors so serious risks was shift there too. As you say they were supposed to be truly risk takers and hedge dem failure against the private market facilities not rely on government.

    Wha is the recurring decimation of financial markets wid big times failures eva number of years? Dem fellows playing at being risk takers but got the gov’t pon de hook as a last resort.

    Yea Codgy, I think that en trute the last part of your speech is really the beginning and ending of life in business that, ‘They avoid risks by asking for government subsidies , waiver of taxes and within recent times the transfer of public lands’.

    That has been so for a long time…major agricultural subsidies in US and developed world; companies using every legal and even some illegal tax avoidance strategies and more.

    My lil two cents. I really don’t know enough in the econometrics and all that to say nuff more deeply or nutting so but I just wanted to say them few words.

    Like

  52. Donna June 22, 2016 at 9:37 AM #

    Bernard Codrington,

    You have summed it up nicely. Not risk takers but leeches are these so-called business people. I will not thank them for sucking my blood.

    Like

  53. I Brathwaite June 22, 2016 at 9:57 AM #

    Bro Artaxmeister, wait you can’t flip a coin and see the other side too? My two cents if you would allow me pon your remark–
    ** A friend of mine told me her daughter, who is about 31 years old, refuses to cook because she does not want to be “old fashioned” like her mother and there are many fast food restaurants in Barbados, which gives her another reason not to cook. Similarly to her, many younger folk are of the opinion that it is faster and more convenient to buy food than to go through the burdensome task of preparing and cooking a meal.**

    Let me tek on a SIMPLE mind set. If dem don’t cook den the money they spend supporting not only the fast food employees wages but also dat brother dey in Tweedside Road and all de others bout de place.

    If they real smart and conscious den dey gine buy vegan only or drink nuff protein shakes and fruit/veggie smoothies and all dat stuff.

    Now of course it means dat they can’t cook to save dem backside in a pinch but so waht. For years now manufacturers did catering to people like dat and nowadays dem is Bajan places wid dat type of ready-made food too.

    I handstand completely your view and en trute in mek sense but see there is a real practical flip side too.

    Remember that many black bajans grow up wid a maid in dem house because de parents dem working rough hours and decide to balance de home life wid a helper to do some cleaning and cooking a few days a week.

    Look at the new dissing generation as ‘hiring a cooking helper’ a few days a week. In dem case 7 days cause if you can’t cook yuh can’t count either. hehehe.

    I know its an effed up analogy but at days end it’s really the same ting— money flowing into the economy to peoples who really need it.

    Like

  54. Frank Forde June 22, 2016 at 10:34 AM #

    It appears that we must educate our people on the importance of foreign investment. All countries benefit from foreign investment. if one looks at the major industrial countries including united states and China, foreign investment plays a major part in their growth. Foreign manufacturing companies set up plants in these countries and these foreign companies are always welcome by the citizens of the countries. I was therefore surprised at the comments made on the article ” Canadian newspapers blast – Barbados offshore sector.”As i said in my report, it is only a minority of the people in Barbados who do not like foreign investment and I hope that is not the case.
    I heard over and over again that Barbados should follow the Singapore model of development. As far as I am concerned, the country never followed this model. Singapore has developed on the inflow of foreign investment and if one were to visit that country and see the development one would be amazed. A visitor like me saw so many container ships taking goods to other countries and at the airport planes were taking off every 5 minutes. I said to myself what is this.
    It was only recently that I was on Airbus site and looking at the Airbus A380 aircraft to see the cost of this aircraft and the cost was US $320 million. Singapore bought 15 planes. This does not include a large number of 747,767,777,A340, A333,A320 and many other planes which numbered around 100. These planes are used to carry goods to various countries and to bring tourists to the country.
    I also found out that the largest shipping company in the world is based in Singapore. Do you know that Barbados and Singapore were at the same stage of development in the fifties? How did Singapore get to this stage – FOREIGN INVESTMENT. As far as I am concerned, I do not want to hear any thing further comparing Barbados with Singapore.

    Like

  55. Artax June 22, 2016 at 10:40 AM #

    I Brathwaite June 22, 2016 at 9:57 AM #

    “I know its an effed up analogy but at days end it’s really the same ting— money flowing into the economy to peoples who really need it.”

    @ I Brathwaite

    Yes, I agree, “money flowing into the economy to peoples who really need it,” because judging from the long lines at Chefette and KFC (especially on weekends), Burger King, etc, I’m sure Bizzy and Haloute are the “peoples who really need the money.”

    While the smaller restaurants continue to go out of business, KFC and Chefette continue to expand. And this fact “is a real practical flip side too.”

    Like

  56. Pieceuhderockyeahright June 22, 2016 at 11:27 AM #

    @ Artaxerxes and I Brathwaite (both meisters)

    When you come to a party and got to stand up in a corner because the fellows who dancing will make you shame for some men they go home and say “that was a bad party” for me, even though I am one of the fellows who stand up on the women’s toes, I say “dem men can dance” and try to copy them.

    With all due deference to the matter of self enfranchisement that is one of the points put forward here de ole man would like to say this.

    I too have been one of the fellers who after “dancing” late into the wee hours of the morning at ***, went to Baxters Road to Pink Star (once called Pink Pussy which caused a big thing in Barbados back then) and consumed my bit of the cholesterol heart blocking chicken.

    But let the ole man clarify one point that may put a third perspective in the mix.

    The close board design that was in Pink Star in 1970 which might have allowed the cockroaches to hide 40 odd years ago STILL EXIST there today while Chefette and KFC, though still cooking the same cholesterol artery hardening foods, have premises that are conducive to an eatery.

    De ole man ent saying that we abandon the quaintness of our Bajan eateries but the same way that they modernized the countertop with the perspex glass container that keeps out the flies they need to upgrade the interior, a “refresh” which gives the visitor more confidence in their product as our nation moves at brek neck speed to obesity

    Like

  57. Pieceuhderockyeahright June 22, 2016 at 12:18 PM #

    @ Frank Forde

    But I going mek this mistake and speak about Singapore and barbados.

    But not in the way you are accustomed hearing about it.

    Last night I saw a Mr. Erskine Griffith a Former controversial? PS of Finance in a video.

    I use the word controversial because i have seen a few commentators here speak to his tenure some of who intimate that he was a part of the problem that our nation finds itself in today.

    Behold, A Mystery Frank Forde, for as Mr. Griffith spoke it was like if a veil was being peeled away from my eyes as it related to the disjuncture between government policy and government programming.

    The man said it so eloquently “every one tis talking about generating foreign exchange, but when you ask these pontificators about how it will be done, NOT MAN CAN TELL YOU HOW!!”

    Imagine that.

    Here is a man in his 70’s distilling the problem that defines the phenomena known as Singapore and the maelstrom known as Barbados AFTER HE HAS BEEN PART OF THE VERY SYSTEM THAT EFFED IT UP FOR ALL HIS TENURE.

    Just like you, talking here pretty, about “educating young people” about the importance of foreign investment’ you too are one of the “waste foop” brigade I respectfully submit.

    Wunna theorists are in essence why we are where we are, caught up in simpleton things.

    Who will bell the cat?

    Here is the thing Forde I feel that wunna feel that young people stupid. Conversely I feel that their spongelike brains can and will absorb things that your ad my calcified cannisters CANNOT!

    Imagine if, when a child at lawrence t gay school or any school. is 7 years old and i (as his teacher) says to him, or her, I want you to help me run this school.

    Imagine if i frame that lifelong national exercise around (a) the (costs of) chairs in my class room (b) the (maintenance of) desks (c) the maid (who cleans the floors) (d) the gardener (who cuts the lawn) the painter, the plumber, the mason, the teacher, the ministry….

    Imagine how building his/her world what this does for that child?

    Then imagine if i layered that with a second practice by asking them each to tell me what they would do to help with those costs?

    Elongating the concept of the School raffle ticket among young fertile minds, you feeling me?

    Imagine then that I take each of those children’s ideas and I plotted a chart of the ideas of what each child can do to “run the school” and take the best of the ideas and “implement” them?

    And in addition to the stupid reward for best attendance, i gave a reward of $100 savers account at FCIB or any one of them parasitic institutions, for the most diligent student?

    Suppose then I migrated the Practicuum of “Foreign Investment” that you and people of your ilk only like talking bout here pun BU cause you gets a good feeling in your loins for that concept, suppose I now carry it to secondary school and give awards for the best student, and or the best school, that implements its “run my school” programme with incentives like attachments to the Harvard School of Business during long vacations? Attachemtns that the Alumni of said schools who want to do something for CUNTRY would be more disposed to do, what do you think so far Mr. Frank Forde?

    You understand why Singapore is so far ahead of Barbados?

    Because kind sir, who loves to repeat the well trodden faeces of the masses, you and I are killing our indigenous solutions which as I have just laid out to you, Mr. Anti-Singapore Model, will cost us nothing but VISION.

    But again kind sir that is not tangible and does not require us to waste US$236 million on Edutech

    YOu and your people cant touch that and rape us of any resources can you so that idea to inculcate the correct ethos of “foreign investment” for a Small Island Developing State will be lost on people like us, enemies to the Nation of Bulbados

    Like

  58. I Brathwaite June 22, 2016 at 1:59 PM #

    Codgy, tell me bro is this statement below what you did mean when you talk bout private enterprise shouldering risk and leaving gov’t to handle the soft side do-good stuff.

    ** “I’ve made a fortune by using debt, and if things don’t work out I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.”

    “How do you renegotiate the debt?” he who wants to be the president was asked

    “You go back and you say, hey guess what, the economy crashed. I’m going to give you back half.” **

    OH shittte. Let this man be president yah. Propa moves.

    So when dem private boys come wid all dem Harvard and Oxford talk and bambozzle yah brain all dem basically saying deep deep down is– we are going to do great things for the economy but if things crash no problem, we will come back and renegotiate to get you outa dat. We got your back —- To juck in de knife.

    Sweet fah day.

    Maloney and Trump like dem does rice at the same house yah.

    Like

  59. I Brathwaite June 22, 2016 at 2:30 PM #

    Rockmeister, wha exactly you saying tho. If the Pink Pussy change to de Pink Star yah don’t think dat is an improvement pon de inside. And outside too.

    Now I ain’t went in deh recent cause de last time I was down in dat area I cool my heels dey pon de corner Westbury Rd. It was kool and ting and did look quite modern and propa.

    Somebody did tak bout sons tekking over businesses from fathers so it is all bout succession planning, bro. De Artmeister upset dat de lil small places dem closing down and de KFC and Chefette mekking more and more blenza.

    But leh me tell yah, I Brathwaite remember when dat Pink Pussy man uses to live dey below Codrington Road someplace bout off Spooners Hill. He uses to be quite low-key and thing but I know dat he musee uses to corn nuff money from he place there in Baxters Rd back den.

    I would hate to think that he didn’t see heself as as big maguffy bigshot and mek sure that he had propa succession plan to groom he big boy to tek over.

    Now if he did send he off to chef school or econ school den all like now that place might be a pieca fancy eatery wid a throw back Pink Pussy section (all warm and fuzzy, like) and it would quite the story. Yah think.

    So who is to blame bro. The old man who did well for he family all dem years but couldn’t convince the son to look far ahead, de boy heself or we who going someplace else to eat cause we went to Disney over in a way and we expectations high as shiitee dese days.

    Or maybe de fellas got a stall up at Oistins now too.

    Like

  60. Pieceuhderockyeahright June 22, 2016 at 3:17 PM #

    @ I Brathwaite.

    First of all I got to apologize to you bout that poster wid Adriel Nitwit Brathwit.

    from the way that you talk here you cannot be no family to that dufus.

    You are truthfully something else.

    Briggs lived in Pioneer Road next to the old Lawrence T Gay.

    Let me see if de ole brain can speak to your points as prolix as you do.

    Succession planning among Blacks. Wow that is a thesis in itself but the young man is there in spite of all things, he battles on.

    Briggs was a humble man, always with a smile and a wicked, beautiful .357 magnum with an autoloader, he was not a man to toy with.

    In one sentence you crafted what the legacy factor with a Chefette is and what it is not among us niggras and that is another thesis about why we are what we are. Suffice it to say that it has to do with Vision, Hope and GOD. But I dun dere.

    There is a place in Baxters Road through the street obliquely opposite Pink Pussy/Star that sells the best salt bread in barbados.

    Judging from your ability to flick through the dialect and shift gears intellectually and socially I am guessing that you know where I mean.

    The thing that i would try to point out is that such absolutely exquisite salt bread “will live and die” in the unknown street BECAUSE WE NIGGERS HAVE NOT LEARNT how to pass on an inheritance in any sphere of our endeavours.

    You know why I “suck up to men like Jeff Cumberbatch” I Brathwaite?

    He is one of the few men who delighteth in having his students, his proxy progeny, become brighter than he the teacher is!!

    Do you understand what that means in terms of a man expending himself so that his chilrun will be better than he is?

    I done talking with you though cause you see you, you mekking me disturb the blog topic “A Tax Plan”

    Like

  61. Frank Forde June 22, 2016 at 9:16 PM #

    Frank Forde
    I like Topcat. It appears that he likes cartoons and I also like cartoons. He says that he is a colleague of mine but I believe he means a former colleague. Topcat reminds me of the worm in the cartoon holding a sign which reads as follows – construction catastrophe – BOBCAT vanishes and the worm is saying; here kitty- kitty, here kitty- kitty. Topcat is trying to find something or the other but cannot find it.
    I thought that topcat as a professional as he makes out to be would help explain to the public his professional opinion on the numbers as set out in the table of 2007.
    As it appears that no one is interested in numbers in the table of 2007,I am going to make my own analysis of the table.
    The table shows the contributions made to direct tax by the various ranges of taxpayers and I am concerned about the top ranges. A lot of these taxpayers are employed in the offshore sector and if we continue to lose companies in that sector it will have a major impact on revenue. In all you have 25,815 contributing $305,175,893, 40,360 contributing zero, 16,500 contributing zero and getting reverse tax credit refunds, 15,000 exempted from paying tax because they are below the tax threshold. I must go further and state other persons that are not paying tax; the voluntary idle, the unemployed and non contributory pensioners who do not fall within the above category and children. Now the Government has to provide for these groups and the 39% of taxpayers cannot be expected to bear this burden. Remember that Government has lost a significant part of its offshore income.With expenditure increasing, revenue must be stabilised or increased. Barbadians cannot run away from this scenario and it is time that they are made aware of it before it is too late.
    Topcat believes that indirect taxes would solve our problem and he says that I don’t like indirect taxes. I must remind him that over the years when there were fiscal deficits, direct tax took a hit. With so much exemptions in VAT, revenue has decreased.

    Like

  62. Frank Forde June 22, 2016 at 9:20 PM #

    Frank Forde
    I like Topcat. It appears that he likes cartoons and I also like cartoons. He says that he is a colleague of mine but I believe he means a former colleague. Topcat reminds me of the worm in the cartoon holding a sign which reads as follows – construction catastrophe – BOBCAT vanishes and the worm is saying; here kitty- kitty, here kitty- kitty. Topcat is trying to find something or the other but cannot find it.
    I thought that topcat as a professional as he makes out to be would help explain to the public his professional opinion on the numbers as set out in the table of 2007.
    As it appears that no one is interested in numbers in the table of 2007,I am going to make my own analysis of the table.
    The table shows the contributions made to direct tax by the various ranges of taxpayers and I am concerned about the top ranges. A lot of these taxpayers are employed in the offshore sector and if we continue to lose companies in that sector it will have a major impact on revenue. In all you have 25,815 contributing $305,175,893, 40,360 contributing zero, 16,500 contributing zero and getting reverse tax credit refunds, 15,000 exempted from paying tax because they are below the tax threshold. I must go further and state other persons that are not paying tax; the voluntary idle, the unemployed and non contributory pensioners who do not fall within the above category and children. Now the Government has to provide for these groups and the 39% of taxpayers cannot be expected to bear this burden. Remember that Government has lost a significant part of its offshore income.With expenditure increasing, revenue must be stabilised or increased. Barbadians cannot run away from this scenario and it is time that they are made aware of it before it is too late.
    Topcat believes that indirect taxes would solve our problem and he says that I don’t like indirect taxes. I must remind him that over the years when there were fiscal deficits, direct tax took a hit. With so much exemptions in VAT, revenue has decreased.

    Like

  63. Pieceuhderockyeahright June 23, 2016 at 12:33 PM #

    @ Frank Holder

    I have two problems

    I have eye problems, I cant see to well, that is what old age does.

    The second problem is that I am a man and you know we men we never read instructions cause we are Mr. Fixit and dun know what to do.

    I came here and read your Article “a Tax Plan”, did not see the critical item “READ FULL ARTICLE” in BOLD and IN RED, whent down to the rest of the blogs, saw other comments, saw your response regarding FDI and launched into my rant.

    Came back saw you say table, scanned the blog 3 times for a table and then saw READ FULL ARTICLE.

    Apologies.

    Again however I posit that CAPTOIDs and FDI are external initiatives which, as you went to pains to explain, make us residents dependent on and leave us victims? of these treaties and externalities.

    Even the very acronym CAPTOIDs when one examines them in detail contains very little, if any, industries that represent “real indigenous manufacture” (agriculture is not really manufacture is it)

    Barring for example the ophthalmological enterprise up by the airport and one or two similar enterprises we are dealing with consumer type, minimal addition end point products and retail services.

    I guess my simple point is that while the mechanics of taxes of which you speak and their external vagaries are noteworthy, my primal consideration is “the constitution” of what is being taxed and how, incredulously, it has changed very little from 1921

    Like

  64. Hopi June 23, 2016 at 2:18 PM #

    @Frank Forde…..Why did you find it necessary to start your piece off by breaking down the contributions to Barbadian society by ethnicity if that wasn’t the gist of your post? Why the need for forgiveness and who should be forgiven?

    Is the 16,500 a part of the 40,360 or is this in addition to the 40,360?

    The unemployed, the non-contributary pensioners and children fall within which category?

    What has brought about the increase in expenditure and is this increase necessary?

    Sir kindly check your figures because ur decimal points are off somehow causing some confusion.

    Where are the stats for FY 2013/2014?

    Let me see if this gets pulled like the previous on landless/Emmerton lane.

    Like

  65. Topcat June 23, 2016 at 3:31 PM #

    Frankie boy you are losing it in your old age, I didn’t say that we should forget foreign investment and return to farming . I am telling you that we never got much out of the so call off shore banking sector . I am glad you mention Intel, do you remember what happen when the tax holiday was over? Didn’t Intel pull l the stumps and leave us stranded? Frank we don’t want anyone giving us fish, what we need is for someone to teach us how to fish! We need to be able at least to feed ourselves and stop the foreign exchange drain via food imports. We also need to develop sustainable industries that would earn foreign exchange along with the tourist industry. Not foreigners coming to exploit our people for ten years and then leave as soon as the concessions expire.

    The main problem with government finances is shortage of cash due to the non performance of the revenue collecting departments. If you and the other persons entrusted with the job of collecting government revenue had function we would not be in the position we are in today. The main problem facing this country is management.

    Like

  66. Donna June 24, 2016 at 8:26 AM #

    If his article was dismissed it was because of the first paragraphs. I still refuse to read the rest of an article written by someone who starts off in that manner. How could a man who starts like that ever think straight?

    Judging from the first paragraphs I would guess it is the hangers on to immorally seized capital who need the forgiveness.

    Like

  67. Topcat June 25, 2016 at 1:04 PM #

    Fankie can you please tell me the level of compliance for the periods those figures represent? While you are at it explain why so many foreign investors have pack up and left. Also please give hard head persons like me an analysis of the Cayman Islands.

    Like

  68. Topcat June 26, 2016 at 12:53 PM #

    Hehehe Frankie boy VAT took a hit and not direct taxes that is based on earnings? Do persons pay taxes when they are unemployed? I understand why our tax system perform so poorly with someone with such limited tax knowledge managing it. You want me to analyse your distorted figures when we both know that they do not represent fully the level of earnings in this country because of the high percentage of non-compliance. You know that over 75 percent of the self employed professionals pay little or no income tax. As far as that nonsense you stated with regards to farming and education. You are even more backward than I thought. In this day and age you are saying that educated people are not needed in farming? So degrees in Agriculture are useless and your professional designation is more important? Pompous asshole I feel so sorry for people like you who are so blind that you can’t see that the same nations that you want us to go a begging to use agriculture as their backbone for economic growth. Look at the amount of money America puts into agriculture. If agriculture isn’t important why is America selling everything it grows. Check the amount of foreign exchange we utilized purchasing fruits from America.

    When it comes to Singapore it is obvious that you don’t have a clue about what you are talking about. Singapore’s main industry is manufacturing followed by fuels and lubricants. Agriculture products play a great part in Singapore’s economy. Because of its location it is know as one of the crossroads of world trade. The foreign investment you are referring to is what has this country in the mess it is in. We need to find our niche and develop it, I feel it is in the agricultural industry. Look at the cost of cashew nuts. we need to replace sugar and develop our alternative energy sector and get down to basics. We don’t need any more exploitation from foreign investors!

    Like

  69. Frank Forde June 26, 2016 at 10:19 PM #

    i always believe in facts and not speculation. How do you know that 75% of the self employed professionals pay little or no income tax? How do you know the level of their earnings? One should be able to estimate the level of their earnings by the level of earnings in the country. Education is a tool used to develop a country and the country must ensure that persons with the right skills have a right to get a job. It appears that you have not read my paper. I said in my paper that agriculture was the backbone of this country and it provided the tax revenue that help the country to provide FREE HEALTH CARE, EDUCATION AND OTHER SERVICES. So one of the subjects taught is agriculture and i fully support the teaching of agriculture. As a boy growing up, my parents earned extra money by the so called kitchen garden and I kept a cow and raised pigs. I am a country man. So I am wondering if you are one of the persons who do not have a clue of agriculture.
    In one of my replies, I stated that I visited the port in Singapore and I saw many container ships bringing goods and taking goods. I went on to say that i was amazed at the level of business. So don’t tell me that I am not aware that Singapore also has many industries including indigenous industries. The tourism industry and the export industry are the main industries, so that is why there is a need for so many planes and ships.
    Why do we need foreign investment is because Barbadians are mostly poor people including myself and do not have money to invest in big projects. Barbadian are mostly talkers with champagne taste and mauby pockets. Foreign investors have already made significant investment in Barbados. Look at the tourist industry, the manufacturing industry, banking industry, financial sector and wholesale and retail sectors.
    You are a person of the past and looking at small things and that is why the country is still in its infancy because of small minded people. when I was growing up I was always taught to think big. Anyone who knows me would tell you that I never shy away from an argument and that is why I am ignoring some of what you said about me.

    Like

  70. Bush Tea June 26, 2016 at 11:03 PM #

    @ Frank Forde
    Anyone who knows me would tell you that I never shy away from an argument and that is why I am ignoring some of what you said about me.
    ++++++++++++++++++++++++++++++++++++++++++
    It is impressive that you do not shy away from an argument, but if you persist with the shiite about ‘foreign investment’ you will continue to lose the arguments with Topcat.

    What is it about your education that does not see the idiocy of having foreign STRANGERS, who qualify largely by having money to spend, taking ownership of your national asse(t)s?
    What would you expect to be the long term impact? …not that they will expect to make MORE money off you than they invested in the first place?
    What would you expect to be the impact on job opportunities for locals? ….not menial work …while the ‘big’ jobs goes to the friends and family of the foreign owners?
    What would you expect to be the impact on local culture, enfranchisement, pride and development…?

    This is a SIMPLE case of selling one’s birthrights for a mess of porridge, of penny-wise and pound-foolish thinking….. of national prostitution.
    …WAIT!!…It it you that mentored Owen? ….well wunna have managed to reverse all of the gains made after emancipation by Barrow, Crawford and Tom…..

    Topcat is right about the need to identify local niche skills and talents …and, by the sweat of our brows, to produce quality goods and services that the world wants to buy…

    ‘Foreign investment’ Bushie’s ass!!!
    ..that is just fancy language for pimping.

    Like

  71. Bush Tea June 26, 2016 at 11:20 PM #

    @ Frank Forde
    Do you know that Barbados and Singapore were at the same stage of development in the fifties? How did Singapore get to this stage – FOREIGN INVESTMENT.
    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    Wrong again.

    Singapore got to its present stage by EXCELLENT leadership and by wise financial planning.
    Foreign investment SOUGHT OUT Singapore …because of its success.

    Brass bowls who go around soliciting investments CANNOT compare themselves with Singapore’s experience. The latter is called prostitution /pimping.

    Like

  72. Topcat June 27, 2016 at 9:37 PM #

    Thank you Bush Tea I give up on Frank Forde he is a hard head asshole. He said in one of his articles that if we want to go back to farming it meant that a lot of money was wasted on educating persons just to have them work in farming. And now he is back peddling.

    Like

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