Comments on: Video: Public Meeting On Pre-Budget Report

By: Joe Bloggs

Joe Bloggs — Fri, 01 Feb 2019 12:23:24 +0000

The part that scares me the most is the proposed further devaluation of the Bermuda dollar (or increase in FCPT). That is more likely to encourage people to get their money out of Bermuda before it is devalued even further.

That is the opposite of encouraging investment in Bermuda!

By: question

question — Thu, 31 Jan 2019 18:34:18 +0000

Dickinson ‘wishes he had an America’s Cup.

Can you believe these people.

By: Miss CC

Miss CC — Thu, 31 Jan 2019 18:05:16 +0000

the PLP while in opposition were given the contract to read and comment and did NOTHING. the contract even starts to PAY BDA money once it’s paid off so clearly the dimwits at the PLP spreading boycott to AC and ANY other tourism activity while the OBA was in govt was to stop us getting that dividend sooner. the more people that will use the airport the quicker it will be paid off. stupid is as the stupid PLP are….

By: Top Gear

Top Gear — Thu, 31 Jan 2019 14:54:49 +0000

absolute sham!

By: sandgrownan

sandgrownan — Thu, 31 Jan 2019 14:38:00 +0000

Indeed. How many people have left the island since 2008? By way of comparison, Cayman’s population has gone the other way.

Simple math will tell you a population of our size cannot sustain the PLP debt indefinitely, never mind the pension shortfall.

Throw in other factors, 17 years to agree a bus timetable, trash doesn’t get collected in the rain, Dept. of Immigration working against the interests of business, a xenophobic ruling party and Curtis’s answer is to tax those that remain more.

By: question

question — Thu, 31 Jan 2019 14:31:31 +0000

The Finance Minister hasn’t been paying attention. Burt has invented a third leg of the economy, Fintech, which will expand the economy, employ thousands, and generate tax revenue.
Why hasn’t Burt mentioned this to his cabinet ministers? Dickinson and Furbert don’t seem aware of all this at all. How strange.

By: Joe Bloggs

Joe Bloggs — Thu, 31 Jan 2019 13:55:20 +0000

“this government really has no option they are on the edge of cliff”

Umm, no. All Bermudians living in Bermuda, myself included, are on the edge of that cliff.

By: 2 Bermudas

2 Bermudas — Thu, 31 Jan 2019 13:22:22 +0000

Aecon is right to have that in the contract. Do you know what PPP stands for?!?!?

By: Double S

Double S — Thu, 31 Jan 2019 13:20:09 +0000

How do you feel about the hospital wing which sees $30mn a year going to a private firm?

Plenty of investigations have been completed on the airport contract. It even received an award for its structure.

But stop deflecting, and tell us how you feel about your PLP’s proposed tax increases which will hit each and every Bermudian’s wallet. I dare you.

By: Rocky5

Rocky5 — Thu, 31 Jan 2019 12:52:30 +0000

PLP have never been able to manage Public Finances. What a complete shatshow!!

By: Um Um Like

Um Um Like — Thu, 31 Jan 2019 11:23:46 +0000

The people have voted. We want more taxes!

25-11

By: kevin

kevin — Thu, 31 Jan 2019 11:07:13 +0000

What is unfortunately a reality is that this government really has no option they are on the edge of cliff …as they have no other way of growing their revenue Fintech isn’t turning into what Burt promised ( imagine that) and their inability to control Government spending ( another revelation).Tax Tax Tax so sorry but 25-11 = economic disaster for Bermuda.They talk about taxing rents that are over 22k so if your paying 1850 a month your landlord is going to taxed guess who’s rent is going up. This in turn will require you the rentee to need more income so long term your wages increase but that only means your services that you provided will cost more …starting to get the picture and we have only talked about the rent tax there are more

Without new investment , without more bodies on this island we will die a slow and painful death as a country….Third world might look good in another 6 years if you vote them back in again

By: Onion Juice

Onion Juice — Thu, 31 Jan 2019 09:52:08 +0000

Thank you PLP for Transparency and Open Dialogue, unlike those nitwits who signed a deal for de airport with lost revenue for 30 years, and a clause in the contract where their is no accountability and if Acon dont get their expected quota, we have to make it up for them.
There needs to be an investigation in this 5:00am shady deal.

By: Joe Bloggs

Joe Bloggs — Thu, 31 Jan 2019 09:18:49 +0000

“Like most small states and territories, Bermuda’s economy is highly vulnerable to external events, underlining the need for financial and fiscal prudence. This vulnerability is compounded by Bermuda’s continuing budget deficits and high level of Government debt, which now stands at $2.46 billion.”

I think our domestic is higher than $2.46 billion, but ok.

“The Government should be accountable for developing strategies to cope with both domestic and international turbulence, and the strategies adopted should be transparent and open to criticism and comment. The Government should also be accountable for their execution.”

Agreed.

“The Government takes the position that while risks exist, it is critical that we invest in creating a more diversified economy …”

The Government takes the position that it should risk spending even more rather than paying down on the debt? Really?

”… which will create stronger economic growth for the island, as our ability to reduce our debt depends on being able to grow our economy and create more jobs in Bermuda”

I agree that creating more jobs is necessary, but who is going to fill those jobs and what is the nature of those jobs? Are those construction jobs for locals or executive jobs for ex pats? The statement is bare on detail.

By: wahoo

wahoo — Thu, 31 Jan 2019 01:29:52 +0000

That was kind of the elephant in the room wasn’t it. Curtis could say that we were broke but did not say how we got that way. I think he got an easy crowd tonight there could have been some much harder questions asked but he is lucky that the rent a crowd were not there to scream him down….Wayne was outstanding of course.

By: NO NO NO

NO NO NO — Wed, 30 Jan 2019 23:23:19 +0000

To new and increased taxes.

Being more people onto the Island to share the burden.

We are broke!

By: wahoo

wahoo — Wed, 30 Jan 2019 22:25:03 +0000

Sorry but…..wtf are we paying him for?

By: wahoo

wahoo — Wed, 30 Jan 2019 22:20:58 +0000

Is that Wayne trying to speak?