Comments on: Deloitte Release 2020/21 ‘Budget Snapshot’ https://bernews.com/2020/02/deloitte-release-202021-budget-snapshot/ Bermuda's #1 source for 24/7 breaking news, photos & videos Mon, 06 Apr 2026 11:51:17 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: What https://bernews.com/2020/02/deloitte-release-202021-budget-snapshot/#comment-5237787 Sat, 22 Feb 2020 16:15:14 +0000 http://bernews.com/?p=956402#comment-5237787 They just hit hard working Bermuda with 2% more tax on their earnings. Cost of living increases and less money in the pocket, This is not a Labour Party in any way. Stop hurting labour!

]]> By: Checking https://bernews.com/2020/02/deloitte-release-202021-budget-snapshot/#comment-5237203 Sat, 22 Feb 2020 00:28:32 +0000 http://bernews.com/?p=956402#comment-5237203 Thinking there is an error in the Deloitte snapshot. It shows payroll tax increases on all bands above $48k but says employees earning under $96k will be paying less?

]]> By: Onion_peels https://bernews.com/2020/02/deloitte-release-202021-budget-snapshot/#comment-5237062 Fri, 21 Feb 2020 21:33:38 +0000 http://bernews.com/?p=956402#comment-5237062 I’m reminded of that old saying ‘you tax what you want less of”

Want to reduce problem drinking? Raise alcohol taxes.
Want to reduce smoking? Raise tobacco taxes.
Want to reduce obesity? Raise sugar taxes.
Want to reduce high paying jobs? Raise payroll tax.

It seems to be working like a charm.

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