Comments on: Column: Capitalism, Taxes & Income Inequality

By: Slipnut

Slipnut — Tue, 02 Jul 2019 19:09:00 +0000

Hello

By: Joe Bloggs

Joe Bloggs — Tue, 02 Jul 2019 19:03:36 +0000

It appears that Mr. Hayward either does not understand the very foundation of economic theory (at both a macro and micro level) or he refuses to accept the gerenally accepted basic tenets of economic theory.

Either, way it makes for some unfortunate opinions from him.

By: Toodle-oo

Toodle-oo — Tue, 02 Jul 2019 17:23:27 +0000

That’s the last thing anyone with half a brain is worried about. Right now it’s the total lack of confidence in Bermuda under a PLP government clearly demonstrated by the new recession we’re in since the last election .

By: DrDre

DrDre — Tue, 02 Jul 2019 16:18:42 +0000

You lot are going to be sorted out.

By: Double S

Double S — Tue, 02 Jul 2019 14:53:14 +0000

Well in all fairness he/she/it can’t exactly post about the wonderful PLP accomplishments to date.

By: lav

lav — Tue, 02 Jul 2019 14:04:35 +0000

25 – 11
they won!….but don’t know what to do next…2 years in, still waiting…….

By: question

question — Tue, 02 Jul 2019 12:57:56 +0000

That’s really all you’ve got isn’t it. Tired old irrelevant nonsense.

By: Hmmm

Hmmm — Tue, 02 Jul 2019 12:32:04 +0000

Your nightmare is a day and night ritual with Jetgate Craig as your leader lololol.

By: sandgrownan

sandgrownan — Tue, 02 Jul 2019 12:23:02 +0000

And if there is more money circulation elsewhere, then why isn’t any of it here? He’s so close to figuring it out on his own. Do you think he could manage it?

By: Dready

Dready — Tue, 02 Jul 2019 11:21:36 +0000

More dream talk for de sheeple
25-11

By: wahoo

wahoo — Tue, 02 Jul 2019 11:04:42 +0000

….but some are more equal than others…..

By: sandgrownan

sandgrownan — Tue, 02 Jul 2019 10:11:44 +0000

He’s so close to figuring out….but he can’t bring himself to do it..! LOL

By: sandgrownan

sandgrownan — Tue, 02 Jul 2019 10:10:45 +0000

Bermuda is what matters here.

By: Joe Bloggs

Joe Bloggs — Tue, 02 Jul 2019 09:23:03 +0000

He is a career civil servant and politician as far as I can tell.

By: Question

Question — Tue, 02 Jul 2019 08:54:49 +0000

He quotes Oxfam. Not exactly the leading light of good ethical behaviour these days. In fact, if Oxfam says something, it’s usually wrong or made up.

By: Slipnut

Slipnut — Mon, 01 Jul 2019 22:03:55 +0000

The reality is here in Bermuda, as we speak, there is no money being spent on the scale needed to support our economy. SAL has been the busiest Company between the three ongoing major projects; St. Regis, Airport and Morgan’s Point. Yet the SAL workers were not provided with safe vehicles to do the jobs and haven’t had a pay raise in 7 years. This government had better put forth a viable plan to attract outside investment. The potential is here, what’s missing is the understanding to create an environment that attracts them. More attention is needed in understanding why corporations and our countrymen are moving away. Our population has been decreasing for decades and the Civil Services is bloated. An entire School closed and no staff was made redundant? You cannot tax your way out, not at $600,000.00 in interest payments every 24hrs.

By: Kevin

Kevin — Mon, 01 Jul 2019 21:48:32 +0000

Talk about trying to justify a job…that was a sell job and not very good at that….we need unions …do we ? do unions actually benefit the employees or do the unions benefit from the employees ? Capitalism is what drives innovation people take risks and sometimes they work and guess what sometimes they don’t and for taking risk there should rewards for those that make it. Most companies aren’t out to get every dollar and deny their employees a good living …and those that do will soon find it very difficult to recruit good staff and eventually seal their fate
you think about it who benefits the most

By: Mike

Mike — Mon, 01 Jul 2019 21:18:07 +0000

“Why is the world experiencing greater levels of income inequality? The answer is not complex; it is evident that the current capitalist system is not designed to ensure that all rise with the tides”.

But Jason – that is why you earn more than some others.

By: aceboy

aceboy — Mon, 01 Jul 2019 20:34:52 +0000

Has this guy ever had a real job or owned an actual business?

By: Rotten Onion

Rotten Onion — Mon, 01 Jul 2019 19:34:26 +0000

Another PLP person trying to be relevant

By: Bs

Bs — Mon, 01 Jul 2019 19:08:27 +0000

The award for most BS in a single online Bernews article goes to Jason Hayward who also received the award for best fictional story and the award for lead actor in a PLP play! Jason told Bernews that he would like to thank his PLP writers for yet again spinning BS for the sheep

By: Anbu

Anbu — Mon, 01 Jul 2019 17:56:34 +0000

There is no way this guy is actually this stupid. Jason mah bie, you are too young for your position. Pls be quiet. Gotta hand it to u tho, u are an expert boot licker.

By: wahoo

wahoo — Mon, 01 Jul 2019 17:48:44 +0000

That’s a point. His simplified explanation seems to want to justify increasing CS which can only be done by increasing taxes. Also sounds like an argument against privatization. The wealthy already contribute quite heavily to the tax base (at least they did before we chased them away)….this sort of talk will only ensure the rest leave or move their money away. Wonder if unions fall under the term “corporations”.

By: Joe Bloggs

Joe Bloggs — Mon, 01 Jul 2019 16:55:46 +0000

“Unions extended their work well beyond workplace collective bargaining and have taken up the mantel for all to ensure that we have a future that leaves no one behind.”

Excellent, Mr. Hayward. Now what do you propose to do about the crushing debt Bermuda incurred more than a decade ago? If we didn’t have that debt we could do a lot more with the taxes we currently collect in.

Taxing the rich to elevate the poor will not work. It will only drive the wealth, if not the wealthy, away from Bermuda. Where will the poor be then?

By: David

David — Mon, 01 Jul 2019 16:42:51 +0000

“The 2016 Population and Housing Census Report revealed that the median annual personal income for Blacks experienced a 13% decline over the intercensal period from the 2010 census.”

Around the same time as the exodus of wealthy expats. And why did they leave again?

C’mon Jason, you’re almost there buddy. See d forest shru d trees!

By: Thumbs up

Thumbs up — Mon, 01 Jul 2019 16:37:28 +0000

He was talking about the world…duh…

By: socialist drivel

socialist drivel — Mon, 01 Jul 2019 16:33:02 +0000

next topic….as Bermuda’s economy goes down the toilet–

The GVt’s mismanagement of the tax payers money is what is causing the negative impact on the working class not capitalism

Sir, mind the Unions–leave the analysis of economics to the grown ups please….

By: The real Terry

The real Terry — Mon, 01 Jul 2019 15:28:17 +0000

I guess some of them are not as lucky as you. They are not able to arbitrarily give themselves a 40% raise. Two Bermuda’s?

By: sandgrownan

sandgrownan — Mon, 01 Jul 2019 12:22:21 +0000

“..There is more money in circulation…”

Stopped reading right there…there isn’t Jason. There’s less money in circulation in Bermuda. Because there’s less people. Don’t you clowns get it?