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	<title>Comments on: Shadow Finance Minister On Tax Reform</title>
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	<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/</link>
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	<item>
		<title>By: Jus' Askin'</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4669607</link>
		<dc:creator><![CDATA[Jus' Askin']]></dc:creator>
		<pubDate>Sun, 25 Nov 2018 22:25:05 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4669607</guid>
		<description><![CDATA[You don&#039;t get it  :-(]]></description>
		<content:encoded><![CDATA[<p>You don&#8217;t get it  <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_sad.gif' alt=':-(' class='wp-smiley' /> </p>
]]></content:encoded>
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	<item>
		<title>By: Wow</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4668081</link>
		<dc:creator><![CDATA[Wow]]></dc:creator>
		<pubDate>Sun, 25 Nov 2018 14:50:41 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4668081</guid>
		<description><![CDATA[You make the incorrect assumption that your investments can’t be taxed! Just stand by and wait to see what happens in February!]]></description>
		<content:encoded><![CDATA[<p>You make the incorrect assumption that your investments can’t be taxed! Just stand by and wait to see what happens in February!</p>
]]></content:encoded>
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	<item>
		<title>By: Toodle-oo</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4663499</link>
		<dc:creator><![CDATA[Toodle-oo]]></dc:creator>
		<pubDate>Sat, 24 Nov 2018 15:51:52 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4663499</guid>
		<description><![CDATA[You sending money overseas for purchases is no different than the guest worker sending a portion of his earnings home for savings.
You seem to believe that the guest worker has NO expenses whatsoever while here and puts nothing back into the economy. 
If you think that I had nothing to say on &#039;a point&#039; that you made it just demonstrates that you&#039;ll never get it .]]></description>
		<content:encoded><![CDATA[<p>You sending money overseas for purchases is no different than the guest worker sending a portion of his earnings home for savings.<br />
You seem to believe that the guest worker has NO expenses whatsoever while here and puts nothing back into the economy.<br />
If you think that I had nothing to say on &#8216;a point&#8217; that you made it just demonstrates that you&#8217;ll never get it .</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jus' Askin'</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4663259</link>
		<dc:creator><![CDATA[Jus' Askin']]></dc:creator>
		<pubDate>Sat, 24 Nov 2018 14:38:55 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4663259</guid>
		<description><![CDATA[the smiles are not for YOU or to validate my post :-D

do like how You have nothing to say on my point that was made~

&quot;...if I import goods to Bermuda, I may be improving quality and standard of living in Bermuda

Guest worker sends monies away, NOTHING is coming back to Bermuda...&quot;

:-D]]></description>
		<content:encoded><![CDATA[<p>the smiles are not for YOU or to validate my post <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_biggrin.gif' alt=':-D' class='wp-smiley' /> </p>
<p>do like how You have nothing to say on my point that was made~</p>
<p>&#8220;&#8230;if I import goods to Bermuda, I may be improving quality and standard of living in Bermuda</p>
<p>Guest worker sends monies away, NOTHING is coming back to Bermuda&#8230;&#8221;</p>
<p> <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_biggrin.gif' alt=':-D' class='wp-smiley' /> </p>
]]></content:encoded>
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	<item>
		<title>By: Earth watch police p</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4660048</link>
		<dc:creator><![CDATA[Earth watch police p]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 22:54:18 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4660048</guid>
		<description><![CDATA[Pray for Craig he is not the premier I predict the plp in power for another 15 to 20
Years praying won’t help anything.]]></description>
		<content:encoded><![CDATA[<p>Pray for Craig he is not the premier I predict the plp in power for another 15 to 20<br />
Years praying won’t help anything.</p>
]]></content:encoded>
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		<title>By: Toodle-oo</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4659907</link>
		<dc:creator><![CDATA[Toodle-oo]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 22:15:37 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4659907</guid>
		<description><![CDATA[You don&#039;t seem to realize that we&#039;re all currently loosing more than 35% of our wages to taxes. And it&#039;s going to get a lot worse considering that our illustrious government has to somehow extract more than $40,000 from every man , woman and child in Bermuda to pay for the debt they created. 
Any other  brilliant ideas ? 
And stupid smilies still don&#039;t add any validity or cleverness to you posts.]]></description>
		<content:encoded><![CDATA[<p>You don&#8217;t seem to realize that we&#8217;re all currently loosing more than 35% of our wages to taxes. And it&#8217;s going to get a lot worse considering that our illustrious government has to somehow extract more than $40,000 from every man , woman and child in Bermuda to pay for the debt they created.<br />
Any other  brilliant ideas ?<br />
And stupid smilies still don&#8217;t add any validity or cleverness to you posts.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jus' Askin'</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4659392</link>
		<dc:creator><![CDATA[Jus' Askin']]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 19:47:32 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4659392</guid>
		<description><![CDATA[let us unpack this

if I import goods to Bermuda, I may be improving quality and standard of living in Bermuda

Guest worker sends monies away, NOTHING is coming back to Bermuda

Guest workers should be taxed 20%-35% of their wages

 You Make it Here, You Spend it Here  :-D]]></description>
		<content:encoded><![CDATA[<p>let us unpack this</p>
<p>if I import goods to Bermuda, I may be improving quality and standard of living in Bermuda</p>
<p>Guest worker sends monies away, NOTHING is coming back to Bermuda</p>
<p>Guest workers should be taxed 20%-35% of their wages</p>
<p> You Make it Here, You Spend it Here  <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_biggrin.gif' alt=':-D' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jus' Askin'</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4659388</link>
		<dc:creator><![CDATA[Jus' Askin']]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 19:46:48 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4659388</guid>
		<description><![CDATA[let us unpack this

if I import goods to Bermuda, I may be improving quality and standard of living in Bermuda

Guest worker sends monies away, NOTHING is coming back to Bermuda

Guest workers should be taxed 20%-35% of their wages

 “You Make it Here, You Spend it Here” ;-)  ;-)]]></description>
		<content:encoded><![CDATA[<p>let us unpack this</p>
<p>if I import goods to Bermuda, I may be improving quality and standard of living in Bermuda</p>
<p>Guest worker sends monies away, NOTHING is coming back to Bermuda</p>
<p>Guest workers should be taxed 20%-35% of their wages</p>
<p> “You Make it Here, You Spend it Here” <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' />   <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
]]></content:encoded>
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		<title>By: Hmm</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4658518</link>
		<dc:creator><![CDATA[Hmm]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 15:38:28 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4658518</guid>
		<description><![CDATA[You completely missed my point. There are many affluent bermudians who have large amounts of wealth and property which dates back over 100 years. They didn’t sacrifice or do any work off their own backs, it was all the ancestors. 

There are bermudians who own close to 100 homes and all they do for a living is collect rent! Are you meaning to tell me that person worked and sacrificed in THEIR lifetime to own close to 100 homes? No! Their family comes from money and as such they could easily build more wealth. People like that (the wealthy) should be getting taxed more! It works that way in most other countries, but for middle class people who are already struggling they should have to burden the same amount of tax as those who are already rolling in money!]]></description>
		<content:encoded><![CDATA[<p>You completely missed my point. There are many affluent bermudians who have large amounts of wealth and property which dates back over 100 years. They didn’t sacrifice or do any work off their own backs, it was all the ancestors. </p>
<p>There are bermudians who own close to 100 homes and all they do for a living is collect rent! Are you meaning to tell me that person worked and sacrificed in THEIR lifetime to own close to 100 homes? No! Their family comes from money and as such they could easily build more wealth. People like that (the wealthy) should be getting taxed more! It works that way in most other countries, but for middle class people who are already struggling they should have to burden the same amount of tax as those who are already rolling in money!</p>
]]></content:encoded>
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	<item>
		<title>By: sandgrownan</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4657543</link>
		<dc:creator><![CDATA[sandgrownan]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 10:58:04 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4657543</guid>
		<description><![CDATA[&quot;..You really think Bermudians are stupid..&quot;

Don&#039;t ask questions to which you might not like the answers. Fact remains, taxation to pay off PLP debt. That&#039;s PLP debt.]]></description>
		<content:encoded><![CDATA[<p>&#8220;..You really think Bermudians are stupid..&#8221;</p>
<p>Don&#8217;t ask questions to which you might not like the answers. Fact remains, taxation to pay off PLP debt. That&#8217;s PLP debt.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Question</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4657397</link>
		<dc:creator><![CDATA[Question]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 10:10:33 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4657397</guid>
		<description><![CDATA[Your $60m Grand Atlantic still stands empty.]]></description>
		<content:encoded><![CDATA[<p>Your $60m Grand Atlantic still stands empty.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Charlie</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4655971</link>
		<dc:creator><![CDATA[Charlie]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 03:02:53 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4655971</guid>
		<description><![CDATA[As a Bermudian I am tired of this island. I am tired of being searched at the airport as an honest citizen whilst watching the rest of the plane walk out with nothing to declare. I am tired of the racism and the persecution when paying thousands of dollars of duty. The day is coming when I will leave. I pay more tax than most and the government wants more to pay for their overspending. I spend a lot of time working with young folk, but they leave and do not wish to come back. The stone isn’t going to grow, the people do not want it to.]]></description>
		<content:encoded><![CDATA[<p>As a Bermudian I am tired of this island. I am tired of being searched at the airport as an honest citizen whilst watching the rest of the plane walk out with nothing to declare. I am tired of the racism and the persecution when paying thousands of dollars of duty. The day is coming when I will leave. I pay more tax than most and the government wants more to pay for their overspending. I spend a lot of time working with young folk, but they leave and do not wish to come back. The stone isn’t going to grow, the people do not want it to.</p>
]]></content:encoded>
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	<item>
		<title>By: Triangle Drifter</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4655700</link>
		<dc:creator><![CDATA[Triangle Drifter]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 01:43:14 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4655700</guid>
		<description><![CDATA[I guess you are right. There are those who plan for the future &amp; those who live for the day &amp; think about tomorrow tomorrow.]]></description>
		<content:encoded><![CDATA[<p>I guess you are right. There are those who plan for the future &amp; those who live for the day &amp; think about tomorrow tomorrow.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: 2 Bermudas</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4655553</link>
		<dc:creator><![CDATA[2 Bermudas]]></dc:creator>
		<pubDate>Fri, 23 Nov 2018 00:56:31 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4655553</guid>
		<description><![CDATA[Hahaha!!  Still waiting for the results from Global Hue to come in.  How much did we pay them?!?  I&#039;ll wait...  Keep drinking de titty milk!!   Ha ha ha!!]]></description>
		<content:encoded><![CDATA[<p>Hahaha!!  Still waiting for the results from Global Hue to come in.  How much did we pay them?!?  I&#8217;ll wait&#8230;  Keep drinking de titty milk!!   Ha ha ha!!</p>
]]></content:encoded>
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	<item>
		<title>By: wahoo</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4655151</link>
		<dc:creator><![CDATA[wahoo]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 22:56:48 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4655151</guid>
		<description><![CDATA[I would say that there should be no tax because the unit is not generating the income that the plp government want a share of. What is funny (in a sick way) is that the plp are trying their best to destroy the rental industry by chasing away wealthy foreigners who rent these homes and apartments in the first place....maybe they do not realize that.]]></description>
		<content:encoded><![CDATA[<p>I would say that there should be no tax because the unit is not generating the income that the plp government want a share of. What is funny (in a sick way) is that the plp are trying their best to destroy the rental industry by chasing away wealthy foreigners who rent these homes and apartments in the first place&#8230;.maybe they do not realize that.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Toodle-oo</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4655145</link>
		<dc:creator><![CDATA[Toodle-oo]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 22:55:40 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4655145</guid>
		<description><![CDATA[~Why should those who made wise decisions in their youth, bought houses instead of new cars &amp; travelling the world, made sacrifices to leave to their children if they choose, be penalised through taxes for the benefit of those who blew their best earning years on frivolous stuff like fancy cars &amp; travel?~

I think this is a good place to insert one of OJ&#039;s favorite terms.
&quot;Two Bermudas&quot;]]></description>
		<content:encoded><![CDATA[<p>~Why should those who made wise decisions in their youth, bought houses instead of new cars &amp; travelling the world, made sacrifices to leave to their children if they choose, be penalised through taxes for the benefit of those who blew their best earning years on frivolous stuff like fancy cars &amp; travel?~</p>
<p>I think this is a good place to insert one of OJ&#8217;s favorite terms.<br />
&#8220;Two Bermudas&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Toodle-oo</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4655132</link>
		<dc:creator><![CDATA[Toodle-oo]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 22:51:32 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4655132</guid>
		<description><![CDATA[*The monies leaving this country via Guest Workers is one of the reasons why we can not get out of this downwards spiral.

“You Make it Here, You Spend it Here*

You haven&#039;t got a clue , do you ? So anxious are you to blame the guest worker instead of the &#039;party&#039; that got us here that you can&#039;t even fathom where 95% of your money goes when you make a local purchase . Everything that you buy here comes from overseas or is made from goods that are imported.
You own a car ? A bike ? A TV , a cell phone ? Ever go on a trip overseas ? Maybe you should stop that too &#039;cause you&#039;re taking your money out of the island. Now , think of a hundred other things as well , your money is going overseas ! 
What guest workers send overseas (at their own discretion and rightful choice) has nothing to do with you at all. None of your business whatsoever.
And by the way , just how much good is your money doing sitting in a bank ? That isn&#039;t benefiting me at all . Maybe you should just hand some of it to me. 
If I were you I&#039;d be more worried about our ability to earn US$ so we can pay for the importation of our  oil to keep the lights on and our groceries.]]></description>
		<content:encoded><![CDATA[<p>*The monies leaving this country via Guest Workers is one of the reasons why we can not get out of this downwards spiral.</p>
<p>“You Make it Here, You Spend it Here*</p>
<p>You haven&#8217;t got a clue , do you ? So anxious are you to blame the guest worker instead of the &#8216;party&#8217; that got us here that you can&#8217;t even fathom where 95% of your money goes when you make a local purchase . Everything that you buy here comes from overseas or is made from goods that are imported.<br />
You own a car ? A bike ? A TV , a cell phone ? Ever go on a trip overseas ? Maybe you should stop that too &#8217;cause you&#8217;re taking your money out of the island. Now , think of a hundred other things as well , your money is going overseas !<br />
What guest workers send overseas (at their own discretion and rightful choice) has nothing to do with you at all. None of your business whatsoever.<br />
And by the way , just how much good is your money doing sitting in a bank ? That isn&#8217;t benefiting me at all . Maybe you should just hand some of it to me.<br />
If I were you I&#8217;d be more worried about our ability to earn US$ so we can pay for the importation of our  oil to keep the lights on and our groceries.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: DeOnion</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4655103</link>
		<dc:creator><![CDATA[DeOnion]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 22:41:13 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4655103</guid>
		<description><![CDATA[Except that the way the plp behave you would think the oba is in power!]]></description>
		<content:encoded><![CDATA[<p>Except that the way the plp behave you would think the oba is in power!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Triangle Drifter</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654618</link>
		<dc:creator><![CDATA[Triangle Drifter]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 20:14:22 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654618</guid>
		<description><![CDATA[Why should those who made wise decisions in their youth, bought houses instead of new cars &amp; travelling the world, made sacrifices to leave to their children if they choose, be penalised through taxes for the benefit of those who blew their best earning years on frivolous stuff like fancy cars &amp; travel?

An income providing house is an investment for a better future for the owner or his family. It is not a source of revenue for people who did nothing towards it. The owner paid tax when the land was bought, paid duty on everything that went into the construction of the house, paid payroll tax for all who had a job building that house, paid duty on every item of maintenance, paid payroll tax for everyone who did the maintenance, paid land tax every year &amp; pays death tax on the property when the day comes that he leaves.

What does the owner get for all of this tax? Can&#039;t even rely on the trash to be picked up.]]></description>
		<content:encoded><![CDATA[<p>Why should those who made wise decisions in their youth, bought houses instead of new cars &amp; travelling the world, made sacrifices to leave to their children if they choose, be penalised through taxes for the benefit of those who blew their best earning years on frivolous stuff like fancy cars &amp; travel?</p>
<p>An income providing house is an investment for a better future for the owner or his family. It is not a source of revenue for people who did nothing towards it. The owner paid tax when the land was bought, paid duty on everything that went into the construction of the house, paid payroll tax for all who had a job building that house, paid duty on every item of maintenance, paid payroll tax for everyone who did the maintenance, paid land tax every year &amp; pays death tax on the property when the day comes that he leaves.</p>
<p>What does the owner get for all of this tax? Can&#8217;t even rely on the trash to be picked up.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: BS</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654492</link>
		<dc:creator><![CDATA[BS]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 19:39:29 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654492</guid>
		<description><![CDATA[I’m afraid ( almost certain) the  new taxes are only putting cookies in the cookie jar !]]></description>
		<content:encoded><![CDATA[<p>I’m afraid ( almost certain) the  new taxes are only putting cookies in the cookie jar !</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jus' Askin'</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654434</link>
		<dc:creator><![CDATA[Jus' Askin']]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 19:23:38 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654434</guid>
		<description><![CDATA[do we need more people &#039;on island&#039; or more people &#039;working&#039;?

Guest workers are not here to benefit ALL of Bermuda.

Businesses use the cheap labor to maximize profits at the expense of locals.

The monies leaving this country via Guest Workers is one of the reasons why we can not get out of this downwards spiral.

&quot;You Make it Here, You Spend it Here&quot;  ;-)  ;-)]]></description>
		<content:encoded><![CDATA[<p>do we need more people &#8216;on island&#8217; or more people &#8216;working&#8217;?</p>
<p>Guest workers are not here to benefit ALL of Bermuda.</p>
<p>Businesses use the cheap labor to maximize profits at the expense of locals.</p>
<p>The monies leaving this country via Guest Workers is one of the reasons why we can not get out of this downwards spiral.</p>
<p>&#8220;You Make it Here, You Spend it Here&#8221;  <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' />   <img src='https://cloudfront.bernews.com/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
]]></content:encoded>
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	<item>
		<title>By: Dready</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654409</link>
		<dc:creator><![CDATA[Dready]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 19:15:24 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654409</guid>
		<description><![CDATA[Vote PLP and vote for poverty]]></description>
		<content:encoded><![CDATA[<p>Vote PLP and vote for poverty</p>
]]></content:encoded>
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		<title>By: Toodle-oo</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654320</link>
		<dc:creator><![CDATA[Toodle-oo]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 18:50:55 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654320</guid>
		<description><![CDATA[They&#039;d rather (and will) let the island go down the tubes than risk giving  the vote to people who don&#039;t look like them .  
Burt&#039;s recent utterances on what immigration &#039;should&#039; mean demonstrates this clearly . 
With the PLP back  in  international confidence in Bermuda has plummeted , there&#039;s no two  ways about it . 
The  bitter medicine I&#039;ve repeatedly spoken of that we have to take thanks to 1998-2012 hasn&#039;t even begun to be administered yet and people are howling already. They haven&#039;t seen anything yet .]]></description>
		<content:encoded><![CDATA[<p>They&#8217;d rather (and will) let the island go down the tubes than risk giving  the vote to people who don&#8217;t look like them .<br />
Burt&#8217;s recent utterances on what immigration &#8216;should&#8217; mean demonstrates this clearly .<br />
With the PLP back  in  international confidence in Bermuda has plummeted , there&#8217;s no two  ways about it .<br />
The  bitter medicine I&#8217;ve repeatedly spoken of that we have to take thanks to 1998-2012 hasn&#8217;t even begun to be administered yet and people are howling already. They haven&#8217;t seen anything yet .</p>
]]></content:encoded>
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	<item>
		<title>By: same old 2 and 6</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654108</link>
		<dc:creator><![CDATA[same old 2 and 6]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 17:48:03 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654108</guid>
		<description><![CDATA[Everyone in Bermuda needs to be held accountable for paying their fair share and doing what we can to improve the quality of life here.  We do not need higher taxes as it will crush those who are trying to pay their fair share.  We need everyone to pull together to tackle the problems we face.  Unfortunately, it seems that only a few are taking the burden on their shoulders while others are sucking the economy dry.  From my perspective, the government in power has always had a problem understanding what side of the bread is buttered on (for ALL Bermudians) and as a result everyone is paying dearly for this mess.  Yes, increasing the tax base is one way of helping the situation.  Managing the public purse is another initiative - outsourcing as much as possible because this lends itself to accountability.  Also, those who are finding ways to not pay taxes at all, should be made to do so.  We need visionaries to help stimulate the economy.  An example of this was with Grant Gibbons helping to bring the America&#039;s Cup to Bermuda.  Of course, we had to spend money to bring the event here, but the economic stimulus made it worthwhile as it poured money back into the economy and ultimately Bermudians pockets.  It seems that a portion of people here cannot see beyond their noses at what really needs to be done.  It seems that they are hell bent on seeing us take a major nose dive economically into the point of no return where we have to sell ourselves out because of mismanagement.  Vision takes looking at the present (the here and now) to make a better future - come on Bermuda, we can do this!  On this Thanksgiving Day, I am thankful to be Bermudian.  We have some of the best people in the world living here and we are so incredibly blessed.  Let&#039;s act like we are grateful for this unique and wonderful place we call HOME.]]></description>
		<content:encoded><![CDATA[<p>Everyone in Bermuda needs to be held accountable for paying their fair share and doing what we can to improve the quality of life here.  We do not need higher taxes as it will crush those who are trying to pay their fair share.  We need everyone to pull together to tackle the problems we face.  Unfortunately, it seems that only a few are taking the burden on their shoulders while others are sucking the economy dry.  From my perspective, the government in power has always had a problem understanding what side of the bread is buttered on (for ALL Bermudians) and as a result everyone is paying dearly for this mess.  Yes, increasing the tax base is one way of helping the situation.  Managing the public purse is another initiative &#8211; outsourcing as much as possible because this lends itself to accountability.  Also, those who are finding ways to not pay taxes at all, should be made to do so.  We need visionaries to help stimulate the economy.  An example of this was with Grant Gibbons helping to bring the America&#8217;s Cup to Bermuda.  Of course, we had to spend money to bring the event here, but the economic stimulus made it worthwhile as it poured money back into the economy and ultimately Bermudians pockets.  It seems that a portion of people here cannot see beyond their noses at what really needs to be done.  It seems that they are hell bent on seeing us take a major nose dive economically into the point of no return where we have to sell ourselves out because of mismanagement.  Vision takes looking at the present (the here and now) to make a better future &#8211; come on Bermuda, we can do this!  On this Thanksgiving Day, I am thankful to be Bermudian.  We have some of the best people in the world living here and we are so incredibly blessed.  Let&#8217;s act like we are grateful for this unique and wonderful place we call HOME.</p>
]]></content:encoded>
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		<title>By: lol</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654009</link>
		<dc:creator><![CDATA[lol]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 17:18:03 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654009</guid>
		<description><![CDATA[PRC and long term residences get ready, you will soon have Bermuda citizenship unless the PLP are so stubborn they would rather run us into the ground.]]></description>
		<content:encoded><![CDATA[<p>PRC and long term residences get ready, you will soon have Bermuda citizenship unless the PLP are so stubborn they would rather run us into the ground.</p>
]]></content:encoded>
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	<item>
		<title>By: sage</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654006</link>
		<dc:creator><![CDATA[sage]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 17:17:42 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654006</guid>
		<description><![CDATA[Spot on?  He says &quot;you can&#039;t get blood out of a stone and we need a bigger stone.&quot; So you can get blood out of a stone if it is bigger? Terrible analogy. If he had said, &#039;we can only extract so much tax from a limited amount of people, we need more people&#039;, he would have been spot on.]]></description>
		<content:encoded><![CDATA[<p>Spot on?  He says &#8220;you can&#8217;t get blood out of a stone and we need a bigger stone.&#8221; So you can get blood out of a stone if it is bigger? Terrible analogy. If he had said, &#8216;we can only extract so much tax from a limited amount of people, we need more people&#8217;, he would have been spot on.</p>
]]></content:encoded>
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		<title>By: campervan</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4654005</link>
		<dc:creator><![CDATA[campervan]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 17:17:30 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4654005</guid>
		<description><![CDATA[Where is the incentive for me to renovate my home and apartment, employing  Bermudian tradesmen, so we can rent it out?  I may as well play it safe and keep my dollars in  investments which are not taxed.
This proposed tax could hurt renters, the construction industry, and result in property not being maintained.]]></description>
		<content:encoded><![CDATA[<p>Where is the incentive for me to renovate my home and apartment, employing  Bermudian tradesmen, so we can rent it out?  I may as well play it safe and keep my dollars in  investments which are not taxed.<br />
This proposed tax could hurt renters, the construction industry, and result in property not being maintained.</p>
]]></content:encoded>
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	<item>
		<title>By: Fool me once</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653943</link>
		<dc:creator><![CDATA[Fool me once]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 16:58:45 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653943</guid>
		<description><![CDATA[Cant wait until the PLP have to give long term residence to non Bermudians.
Remember all that stink the marchers and them lot done when OBA done it..
Getting the popcorn READY.]]></description>
		<content:encoded><![CDATA[<p>Cant wait until the PLP have to give long term residence to non Bermudians.<br />
Remember all that stink the marchers and them lot done when OBA done it..<br />
Getting the popcorn READY.</p>
]]></content:encoded>
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	<item>
		<title>By: Proven</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653810</link>
		<dc:creator><![CDATA[Proven]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 16:17:16 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653810</guid>
		<description><![CDATA[Can&#039;t tax our way out of this!  Need more people on island now.  Tick, tick, tick.]]></description>
		<content:encoded><![CDATA[<p>Can&#8217;t tax our way out of this!  Need more people on island now.  Tick, tick, tick.</p>
]]></content:encoded>
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	<item>
		<title>By: Joe Bloggs</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653726</link>
		<dc:creator><![CDATA[Joe Bloggs]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 15:51:23 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653726</guid>
		<description><![CDATA[You may also find that aging baby boomers flee Bermuda. I don&#039;t know many of my generation who can afford to live in Bermuda for 25 years after retirement. Some are already working past the age of 65 so they can afford to remain in Bermuda.]]></description>
		<content:encoded><![CDATA[<p>You may also find that aging baby boomers flee Bermuda. I don&#8217;t know many of my generation who can afford to live in Bermuda for 25 years after retirement. Some are already working past the age of 65 so they can afford to remain in Bermuda.</p>
]]></content:encoded>
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	<item>
		<title>By: red rose</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653710</link>
		<dc:creator><![CDATA[red rose]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 15:47:25 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653710</guid>
		<description><![CDATA[and do you really believe they won&#039;t all be put in place? How else will the PLP raise revenues? There are no new jobs, so no new people to tax, there are no new businesses, so no new business to tax.
We have a debt payment of $500,000 A DAY thanks to the PLP - how else are they going to dig themselves out of their own hole?]]></description>
		<content:encoded><![CDATA[<p>and do you really believe they won&#8217;t all be put in place? How else will the PLP raise revenues? There are no new jobs, so no new people to tax, there are no new businesses, so no new business to tax.<br />
We have a debt payment of $500,000 A DAY thanks to the PLP &#8211; how else are they going to dig themselves out of their own hole?</p>
]]></content:encoded>
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		<title>By: Chris</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653648</link>
		<dc:creator><![CDATA[Chris]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 15:27:55 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653648</guid>
		<description><![CDATA[We need to start see so conservative speakers here to explain why governments tax and what that actually does to cost of doing business and thus also how it affects the cost of living. People here do not seem to see the connection hand out just make people more reliant on Governments not independent of them. Making modern slaves its the secret socialist agenda.

Bring on Ben Shapiro...]]></description>
		<content:encoded><![CDATA[<p>We need to start see so conservative speakers here to explain why governments tax and what that actually does to cost of doing business and thus also how it affects the cost of living. People here do not seem to see the connection hand out just make people more reliant on Governments not independent of them. Making modern slaves its the secret socialist agenda.</p>
<p>Bring on Ben Shapiro&#8230;</p>
]]></content:encoded>
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	<item>
		<title>By: watching</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653540</link>
		<dc:creator><![CDATA[watching]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 14:56:37 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653540</guid>
		<description><![CDATA[Kempe needs to realize that these recommendations are simply that, recommendations from the Tax Reform Commission, a bipartisan committee, where Jeanne Atherden actually was a member of.
They came up with options to increase revenues in the form of tax reform.  Nowhere has it been stated that all of these will be implemented, or even if any will be implemented.  Clearly they will be evaluated and then next steps will be discussed.  
Kempe&#039;s opinion is important from a political sense, but let&#039;s not be disingenuous and believe that all of these are ready for implementation.  That would be inaccurate.]]></description>
		<content:encoded><![CDATA[<p>Kempe needs to realize that these recommendations are simply that, recommendations from the Tax Reform Commission, a bipartisan committee, where Jeanne Atherden actually was a member of.<br />
They came up with options to increase revenues in the form of tax reform.  Nowhere has it been stated that all of these will be implemented, or even if any will be implemented.  Clearly they will be evaluated and then next steps will be discussed.<br />
Kempe&#8217;s opinion is important from a political sense, but let&#8217;s not be disingenuous and believe that all of these are ready for implementation.  That would be inaccurate.</p>
]]></content:encoded>
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	<item>
		<title>By: Cow Polly</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653514</link>
		<dc:creator><![CDATA[Cow Polly]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 14:48:32 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653514</guid>
		<description><![CDATA[Welcome back Nick]]></description>
		<content:encoded><![CDATA[<p>Welcome back Nick</p>
]]></content:encoded>
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	<item>
		<title>By: Hmm</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653493</link>
		<dc:creator><![CDATA[Hmm]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 14:42:31 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653493</guid>
		<description><![CDATA[There are so many bermudians out there who split their homes into apartments to help pay their mortgage. If a home owner can prove they’re still paying a mortgage for the property they should be allowed to forgo paying the rental tax (because it’s not even income, goes directly to the bank), but for those people with old money who own homes outright, had homes passed down to them or are one of those people who own multiple properties and rent them out they should be the ones getting taxed. Many middle class bermudians heavily rely on rent to help pay their mortgage, without which many would lose their homes!]]></description>
		<content:encoded><![CDATA[<p>There are so many bermudians out there who split their homes into apartments to help pay their mortgage. If a home owner can prove they’re still paying a mortgage for the property they should be allowed to forgo paying the rental tax (because it’s not even income, goes directly to the bank), but for those people with old money who own homes outright, had homes passed down to them or are one of those people who own multiple properties and rent them out they should be the ones getting taxed. Many middle class bermudians heavily rely on rent to help pay their mortgage, without which many would lose their homes!</p>
]]></content:encoded>
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		<title>By: Black Soil</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653433</link>
		<dc:creator><![CDATA[Black Soil]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 14:24:21 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653433</guid>
		<description><![CDATA[The PLP want to raise taxes to SPEND MORE ON THEMSELVES.  The PLP have no clue how to grow the economy for everyone.  They just want an economy that helps them.]]></description>
		<content:encoded><![CDATA[<p>The PLP want to raise taxes to SPEND MORE ON THEMSELVES.  The PLP have no clue how to grow the economy for everyone.  They just want an economy that helps them.</p>
]]></content:encoded>
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	<item>
		<title>By: STRAIGHTFORWARD</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653425</link>
		<dc:creator><![CDATA[STRAIGHTFORWARD]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 14:22:40 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653425</guid>
		<description><![CDATA[Where, Nicky, is the money for ALL from America Cup Bermuda??
Take a seat.
You really think Bermudians are stupid.
Do not forget the ignorant wrath of your party, oba,  to weaken THE VOTE.
You are NOT in power.
Sit down!! 
Kool Aid consumption would be a great tax quencher!!]]></description>
		<content:encoded><![CDATA[<p>Where, Nicky, is the money for ALL from America Cup Bermuda??<br />
Take a seat.<br />
You really think Bermudians are stupid.<br />
Do not forget the ignorant wrath of your party, oba,  to weaken THE VOTE.<br />
You are NOT in power.<br />
Sit down!!<br />
Kool Aid consumption would be a great tax quencher!!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: newperspective</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653402</link>
		<dc:creator><![CDATA[newperspective]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 14:15:21 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653402</guid>
		<description><![CDATA[When I read blame-game comments it infuriates me to no end! When will both political parties wake-up and realize partisan politics will continue to divide us as a people with a common value!

Based on my research and observation both political parties, who have served as Government-of-the-day, are to blame for the debt Bermuda is burdened with.

Anyone interested should read the Auditor General and Commission of Inquiry reports, together with the lack of oversight action on the part of the Public Accounts Committee, for the past 15 years. My biggest disappointment of the three entities is the Commission of Inquiry for not recommending legislative changes to the Government&#039;s current financial reporting process. 

Just relying on internal controls, audit reports and all the other , supposedly oversights,  have not worked to hold Ministers accountable for misappropriation like behaviour. It&#039;s anyone&#039;s guess where we&#039;ll end up if we allow the Ministers to continue like before!! 

Most likely, debt and debt servicing costs will continue, without legislation in place to put some teeth and accountability, for Ministerial political self and interest. 

Having a &quot;bigger stone&quot; is not the only answer. We need to minimize the risk of &quot;Conniving, Opportunists, Relishing, Rewards, Unethically, Procured, Through, Immoral, Obsession and Narcissism&quot;. Take the first letter of these words and you have the word corruption!!

Corruption has plagued us and will continue if we don&#039;t attack it head on. We need aggressive action now to avoid it continuing unchecked!!!]]></description>
		<content:encoded><![CDATA[<p>When I read blame-game comments it infuriates me to no end! When will both political parties wake-up and realize partisan politics will continue to divide us as a people with a common value!</p>
<p>Based on my research and observation both political parties, who have served as Government-of-the-day, are to blame for the debt Bermuda is burdened with.</p>
<p>Anyone interested should read the Auditor General and Commission of Inquiry reports, together with the lack of oversight action on the part of the Public Accounts Committee, for the past 15 years. My biggest disappointment of the three entities is the Commission of Inquiry for not recommending legislative changes to the Government&#8217;s current financial reporting process. </p>
<p>Just relying on internal controls, audit reports and all the other , supposedly oversights,  have not worked to hold Ministers accountable for misappropriation like behaviour. It&#8217;s anyone&#8217;s guess where we&#8217;ll end up if we allow the Ministers to continue like before!! </p>
<p>Most likely, debt and debt servicing costs will continue, without legislation in place to put some teeth and accountability, for Ministerial political self and interest. </p>
<p>Having a &#8220;bigger stone&#8221; is not the only answer. We need to minimize the risk of &#8220;Conniving, Opportunists, Relishing, Rewards, Unethically, Procured, Through, Immoral, Obsession and Narcissism&#8221;. Take the first letter of these words and you have the word corruption!!</p>
<p>Corruption has plagued us and will continue if we don&#8217;t attack it head on. We need aggressive action now to avoid it continuing unchecked!!!</p>
]]></content:encoded>
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	<item>
		<title>By: BS</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653261</link>
		<dc:creator><![CDATA[BS]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 13:29:44 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653261</guid>
		<description><![CDATA[The problem is that the tax burden is getting  so big that soon you won’t be able to attract foreigners. Our aging population will only get older as our educated young Bermudians will flee the increasing taxes for cheaper cost of living .]]></description>
		<content:encoded><![CDATA[<p>The problem is that the tax burden is getting  so big that soon you won’t be able to attract foreigners. Our aging population will only get older as our educated young Bermudians will flee the increasing taxes for cheaper cost of living .</p>
]]></content:encoded>
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	<item>
		<title>By: leaky minister</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653250</link>
		<dc:creator><![CDATA[leaky minister]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 13:26:59 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653250</guid>
		<description><![CDATA[OBA get ready, clueless PLP are going to dig a BIGGER hole for you to try and level out again.]]></description>
		<content:encoded><![CDATA[<p>OBA get ready, clueless PLP are going to dig a BIGGER hole for you to try and level out again.</p>
]]></content:encoded>
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	<item>
		<title>By: rodney smith</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653229</link>
		<dc:creator><![CDATA[rodney smith]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 13:20:44 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653229</guid>
		<description><![CDATA[Land Tax is based upon your ARV . Most blacks have their investments in real estate .An asset that is dead in this market . Additionally , Blacks fear more people coming into Bermuda because every other group has leap frog over blacks that have been standing in line for years . This fear is real .A Labour Government spends and how do we change the mind set of 2006 -2010 that said , &quot; If the OBA is so smart let them fix the problem , .. THIS WAS NO ACCIDENT .&quot; I am  calling no names  but Mrs. Cox did not help the situation either .Bermuda , We need to have a heart to heart talk ..Spending more money without giving up some old spending habits  is not going to work .And when you finish reading this ,&quot;Pray for Craig ,.&quot;]]></description>
		<content:encoded><![CDATA[<p>Land Tax is based upon your ARV . Most blacks have their investments in real estate .An asset that is dead in this market . Additionally , Blacks fear more people coming into Bermuda because every other group has leap frog over blacks that have been standing in line for years . This fear is real .A Labour Government spends and how do we change the mind set of 2006 -2010 that said , &#8221; If the OBA is so smart let them fix the problem , .. THIS WAS NO ACCIDENT .&#8221; I am  calling no names  but Mrs. Cox did not help the situation either .Bermuda , We need to have a heart to heart talk ..Spending more money without giving up some old spending habits  is not going to work .And when you finish reading this ,&#8221;Pray for Craig ,.&#8221;</p>
]]></content:encoded>
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		<title>By: de onion</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653210</link>
		<dc:creator><![CDATA[de onion]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 13:14:17 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653210</guid>
		<description><![CDATA[Agreed - and IMO we are running a real risk of killing businesses and innovation in Bermuda. Why start a business when taxes are high and going to be higher? Why tax when economic indicators are showing that we are heading the way of a recession?
We have to tax because this Government has not/is not providing the economic stimulus we need. It  is fintech or nothing and at the moment, the reality is: nothing.
Our population stagnates, no new jobs are being created, taxes are stopping people from spending …. and we have this massive PLP created debt that we cannot afford.]]></description>
		<content:encoded><![CDATA[<p>Agreed &#8211; and IMO we are running a real risk of killing businesses and innovation in Bermuda. Why start a business when taxes are high and going to be higher? Why tax when economic indicators are showing that we are heading the way of a recession?<br />
We have to tax because this Government has not/is not providing the economic stimulus we need. It  is fintech or nothing and at the moment, the reality is: nothing.<br />
Our population stagnates, no new jobs are being created, taxes are stopping people from spending …. and we have this massive PLP created debt that we cannot afford.</p>
]]></content:encoded>
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		<title>By: de onion</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653179</link>
		<dc:creator><![CDATA[de onion]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 13:05:33 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653179</guid>
		<description><![CDATA[This:
“This collection of new taxes is more than simply an effort to tax more fairly or to redistribute wealth. This is an almost 18% increase in our total tax burden to pay for the PLP debt. The taxes highlighted in the report will be borne mostly by Bermudian businesses and Bermudian consumers. If it weren’t for the debt created between 2003-2010 there would be no reason to increase the total tax burden.
Is so true]]></description>
		<content:encoded><![CDATA[<p>This:<br />
“This collection of new taxes is more than simply an effort to tax more fairly or to redistribute wealth. This is an almost 18% increase in our total tax burden to pay for the PLP debt. The taxes highlighted in the report will be borne mostly by Bermudian businesses and Bermudian consumers. If it weren’t for the debt created between 2003-2010 there would be no reason to increase the total tax burden.<br />
Is so true</p>
]]></content:encoded>
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		<title>By: Joe Bloggs</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653170</link>
		<dc:creator><![CDATA[Joe Bloggs]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 13:03:17 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653170</guid>
		<description><![CDATA[No mention of the fact that the Minister of Finance announced last week that we are taking on more debt in order to pay down on our existing debt?]]></description>
		<content:encoded><![CDATA[<p>No mention of the fact that the Minister of Finance announced last week that we are taking on more debt in order to pay down on our existing debt?</p>
]]></content:encoded>
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		<title>By: sandgrownan</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653155</link>
		<dc:creator><![CDATA[sandgrownan]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 12:58:56 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653155</guid>
		<description><![CDATA[It&#039;s a well thought out piece, and right on the money (no pun intended).]]></description>
		<content:encoded><![CDATA[<p>It&#8217;s a well thought out piece, and right on the money (no pun intended).</p>
]]></content:encoded>
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	<item>
		<title>By: Mike</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653136</link>
		<dc:creator><![CDATA[Mike]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 12:53:08 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653136</guid>
		<description><![CDATA[Who is going to pay the tax on rentals?

The foreigner that the Govt doesn&#039;t want - or the Bermudian who has to rent but cannot afford to pay it?

Bad.]]></description>
		<content:encoded><![CDATA[<p>Who is going to pay the tax on rentals?</p>
<p>The foreigner that the Govt doesn&#8217;t want &#8211; or the Bermudian who has to rent but cannot afford to pay it?</p>
<p>Bad.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: 2 Bermudas</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653123</link>
		<dc:creator><![CDATA[2 Bermudas]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 12:49:36 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653123</guid>
		<description><![CDATA[If you want to tax rent based off of ARV then what about if the house or apartment is empty for say 6 months of the year?  Is the full tax still payable?  

I think land tax on all PLP constituencies should be increased to pay for the PLP debt?  How does that sound?!]]></description>
		<content:encoded><![CDATA[<p>If you want to tax rent based off of ARV then what about if the house or apartment is empty for say 6 months of the year?  Is the full tax still payable?  </p>
<p>I think land tax on all PLP constituencies should be increased to pay for the PLP debt?  How does that sound?!</p>
]]></content:encoded>
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	<item>
		<title>By: Seriously???</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4653103</link>
		<dc:creator><![CDATA[Seriously???]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 12:44:15 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4653103</guid>
		<description><![CDATA[The Government claims that this new tax structure will help the poor.  It&#039;s highly unlikely that there will be anything left for the poor when such a large portion of our taxes go to paying civil service salaries.  

Some argue that to lay off government workers will only increase those dependent on financial aid.  But since the collective bargaining agreement salaries paid to the civil servants are generally higher than what most of us are earning in the private sector, it may actually be less of a burden on Mr. and Mrs. Taxpayer if they were receiving financial aid.  It&#039;s not like it will impact the level of service received.]]></description>
		<content:encoded><![CDATA[<p>The Government claims that this new tax structure will help the poor.  It&#8217;s highly unlikely that there will be anything left for the poor when such a large portion of our taxes go to paying civil service salaries.  </p>
<p>Some argue that to lay off government workers will only increase those dependent on financial aid.  But since the collective bargaining agreement salaries paid to the civil servants are generally higher than what most of us are earning in the private sector, it may actually be less of a burden on Mr. and Mrs. Taxpayer if they were receiving financial aid.  It&#8217;s not like it will impact the level of service received.</p>
]]></content:encoded>
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	<item>
		<title>By: Agreed</title>
		<link>https://bernews.com/2018/11/shadow-finance-minister-on-tax-reform/#comment-4652897</link>
		<dc:creator><![CDATA[Agreed]]></dc:creator>
		<pubDate>Thu, 22 Nov 2018 11:42:52 +0000</pubDate>
		<guid isPermaLink="false">http://bernews.com/?p=817774#comment-4652897</guid>
		<description><![CDATA[This is spot on]]></description>
		<content:encoded><![CDATA[<p>This is spot on</p>
]]></content:encoded>
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