Pandemic Levy Misery

Prime Minister Mia Mottley announced in the recent budget that a 15% pandemic contribution levy will be charged to companies deemed resilient that earned net income greater than 5 million dollars in 2020 ad 2021. Companies operating in telecommunications, retail sale of petroleum products by dealers, commercial banks, general and life insurance were targeted. The years 2020 and 2021 as we know were the pandemic that wreckrd havoc on global economies, some more than others.
The blogmaster understands the challenging job the government has to manage a fragile economy, one that was in a precarious state before Covid 19 pandemic. Not to forget Hurricane Elsa, Soufriere volcano ash and of recent the effect the ongoing Russia-Ukraine war. Managing an open economy cannot be easy EXCEPT to armchair pundits.
Understandably spokespersons from the business community effected by the levy are not pleased. Coming relative soon after the debt restructure in 2018 when many of the companies effected by the pandemic levy had to take haircuts, the recent decision will not help to improve confidence level of doing business in Barbados. What other options did the government have to shore up finances?
There is the saying if you [WE] made your [OUR] bed, you [WE] have to lie in it.
Listen to Prime Minister Mia Mottley explain the Pandemic Levy:-
It’s what she wants to take the reparations money and do with it i got a problem with, none of it is slated to go to whom it rightfully belongs in their HANDS…and that’s what UK and EU have to take into consideration……
..that’s why any payments should go DIRECTLY TO AFRIKAN DESCENDANTS, definitely not through politicians, and not necessarily in this century….there is more important things to get moving and taken care of first that needs to be a PRIORITY…as my article outlines…
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@ David
“There was once a time when we had something like honour and self-confidence. That was in 1966. Now we are beggars, begging our High White Masters from the North for a few seeds of bread.”
~~~~~~~~~~~
Boss, this is from Tron …about his Supreme leader.
Any comments from the Blogmaster?
… or is it only Bushie who you see as an eternal pessimist and as a hopeless BB…?
Even Tron is upset by the level of supreme mendicancy…
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@Bush Tea
Human behaviour has always been fueled by politics and greed.
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@ Bush Tea,,
I hope you listening to Brasstacks
Main topic. TIEFING LAWYERS
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Bushman….at least we know that reparations in piles of billions of paper, as they are salivating to get their hands on at the expense of descents, will have to take a back seat, cause cousin Boris is busy with cousin Vladimir and everyone got their own showtime going on right now, can’t be distracted by a bunch of pests…
some will have to regroup, they know they have to make amends but i won’t hold my breath that it will be soon or they will be rushed by the heavy breathing rush and hurry CROWS…
…….and not a fella ain’t letting go no billions at this stage unless they discover some kinda rare earth minerals on the island chain,…and Haiti is already choc-a-bloc miles deep under the earth…. and not even them ain’t getting nutten….not in this century anyway…
don’t know what gets into these, these fools…
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@ Hants
Was that you who asked why all lawyers’ Client accounts should not be audited annually?
How yuh like the answer..?
LOL
ha ha ha
Bajans are the ultimate BBs…
She said it could not be done because ‘in the case of a new lawyer with only one client, the lawyer may not be able to afford the audit fee…’
LOL
Murda!!
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@Bush Tea
Why was a lawyer hosting a program of this type even if she was well intentioned?
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@ Bush Tea March 30, 2022 11:06 AM
It is high statesmanship to gloss over even nonsensical political decisions and illuminate them in a rosy light. I am sure that our Supreme Leader did not come up with this herself, but incompetent advisors working for the DLP.
There is not a leaf that fits between me and my Supreme Leader.
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Source: Nation
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@Bush Tea
This is for you.
Source: Nation
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