The Nation’s Online Editor Carol Martindale looks at What’s Trending today in Barbados.
News of the expected debate this morning in Parliament that Government plans to extend indefinitely what was expected to be a temporary 2.5 per cent hike in the VAT rate has struck a chord with our online readers.
The VAT rate is currently 17.5 per cent.
Princess Neferua: “I hope you all heard of the final straw which broke the camel’s back..just remember you all have been forewarned”.
Devaron Bruce: “The 800 million in VAT receipts don’t go into Chris Sinckler’s pocket you know, it pays for the many responsibilities the Government offers to its citizens. The operating cost of doing anything for the past few years has inflated. Global food, energy, telecom, health cost prices etc are significantly higher. Where as growth is stagnant. I’m sure the 2.5 per cent increase in VAT does not even begin to cover the growing operating cost of government. It’s not even VAT that is pulling at your pockets…, Government needs to bring down inflation, decrease imports and find cheaper energy, easier for me to type than for anyone to do.”
Alejuandro Hykoyami Tezu: ?”First of all, anybody that believed that was going to be reduced, you are gullibale. You ever heard of tax going down and second 2.5% ain’t hurting, Bajans pocket apparently still got a lot of money going to the latest fete, events, Blackberry purchasing etc etc.some Bajans could be so contradicting.”
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