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Pinder says pledge to repeal tax was reckless

Ryan Pinder

Ryan Pinder

By RASHAD ROLLE

Tribune Staff Reporter

rrolle@tribunemedia.net

FINANCIAL Services Minister Ryan Pinder yesterday said it was reckless for opposition leader Dr Hubert Minnis to promise repealing any tax introduced by the Christie administration that causes suffering.

Noting that the PLP would not implement a harmful tax system, Mr Pinder said: “I think it was irresponsible for the leader of the opposition who aspires to be prime minister to make such continuously reckless statements.”

Echoing comments expressed on Sunday by PLP chairman Bradley Roberts, Mr Pinder said: “I would expect he would have provided fiscal reform recommendations, especially since it was his government who did the foundation work and supported VAT.”

On Monday Dr Minnis told The Tribune that people will suffer lifestyle changes if the tax burden on them becomes too great. “Everybody agrees that we need tax reform,” he said. “But if you try and introduce a tax that causes pain and suffering and undue stress on the middle class and the poor, resulting in further shrinkage of the middle class and further growth of poverty, we will repeal it.

“You should try to introduce systems where you grow the middle class and shrink poverty, not the opposite.

“We’re putting in responsible tax reform in the best interest of the government and the Bahamian people. I would think a responsible leader of the opposition would put forth recommendations rather than just make reckless rhetoric.”

Comments

proudloudandfnm 10 years, 7 months ago

Man you cannot trust the PLP. Bunch of amateurs. I see now why HAI stop, reviewed and cancelled. This party could give a good crap about the Bahamas. All they want is their kick backs.

banker 10 years, 7 months ago

Every week for almost a year, this man made promises that we were on the verge of something big -- an arbitration center, re-insurance, captive insurance, new Swiss business, new Latin American business, new funds that would bring a rash of jobs and prosperity to our financial services industry, new trade agreements blah blah blah

What has happened? 100 jobs lost in his own area of purview of financials services. That is just in the past 6 months and represents 10 percent of the financial services work force. No new business came our way. A smattering of funds were started as a means of tax avoidance in a dying paradigm that brings disrepute to our county. In the meantime, crime escalates, and the socio-economic fabric of Bahamian society continues to unravel, unemployment escalates dramatically and these bunch of retards called the PLP have the temerity to say what they say? SMT! Tell the buey wearing mom jeans to Shut TFU and do something instead of lying through his teeth which is a hallmark of the PLP.

banker 10 years, 7 months ago

The cesspool that we live in started in 1973 with the PLP. End of story.

proudloudandfnm 10 years, 7 months ago

PLP are amateurs man. Simple. They ride the Pindling train and our old grass roots folks vote for them. Look at Mayaguana. PLP literally gave away all the waterfront on the island to I Group. FNM got it back. Who's their mp today?

Our biggest problem is an ignorant electorate. Period....

Publius 10 years, 7 months ago

You truly are correct about the high number of ignorant members of the electorate

ohdrap4 10 years, 7 months ago

the young voters vote for them too. a fool is born every minute

Emac 10 years, 7 months ago

Well perhaps next election officials should interview and check the credentials of all the young voters. All those who graduated with a D average or below should not be allowed to vote.

ohdrap4 10 years, 7 months ago

the closure of the old govt high, on the grounds that it was elitist, allowed their graduate elite to keep it itself in power for 25 years. and its offspring for 10 more years so far.

now, gifted youth have no where to go, all leveled to a common denominator of a crappy bgcse exam.

in generations past, the gifted ones took A-levels.

killemwitdakno 10 years, 5 months ago

"fiscal reform recommendations" : START BY FINDING WHAT'S MISSING BEFORE TAXING THE LIFE OUT OF THE PEOPLE IN A BAD SCHEME.

Professional Debt Relief https://www.google.com/search?q=profess…

Economic Development Firms & Economic Development Agencies to bring sustainable, scalable solutions to the poor. Google and compare their services and view their portfolios dammit. Cut the crap , y'all know better and prefer to bring in New Zealand for Vat consulting.

Examples: http://www.mckinsey.com/client_service/… http://www.edrgroup.com/consulting/econ… http://www.spur.org/spur-program/econom… http://www.iedconline.org/consultant-da…

There is a need for an independent organization to carry out economic development efforts in collaboration with the public and private sectors.This organization should promote the city as it is rather than engage in attempts to influence public policy. These suck: http://www.siteselection.com/directorie…

The World Bank estimates that developing countries owed $4 trillion dollars in external debt as of the close of 2010. Get it together and we could pay off the debt for all developing countries offering our own credit consolidation to them DUH.

START TALKING SENSE ( or ask Flordia to take you back to Key West where yall can finish gentrifying Bahama Village if you have to keep asking FNM what to do..?? wtf )

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