A new senator went on the attack as he delivered his maiden speech in the Upper House yesterday.
Douglas De Couto, of the Opposition One Bermuda Alliance, said that minor reductions in taxes were “trinkets” handed out by the Government to distract f...
In the final part of this series, we return to where we began with the Premier and his austerity budget. Austerity budgets and economic recoveries are contradictions in terms — budgets that rely solely on spending cuts to reduce deficits are not cond...
DATE: Mar 22, 2022 | CATEGORY: Opinion Writer | AUTHOR: Robert Stubbs
So what can we learn from Bermuda’s 2018 tax reform debacle? Three perennial problems for the island are underscored by these unfortunate events. The first is Bermuda’s lack of competent policymakers — in the One Bermuda Alliance as well as the Progr...
DATE: Mar 21, 2022 | CATEGORY: Opinion Writer | AUTHOR: Robert Stubbs
Beneath all the smoke and mirrors of David Burt’s Budget Statement delivered on February 25 lay the stark reality that he was proposing yet another austerity budget. As the Budget details show, Bermuda’s deficit reduction in the coming year will be a...
DATE: Mar 18, 2022 | CATEGORY: Opinion Writer | AUTHOR: Robert Stubbs
Dear Sir,
What a difference a few weeks makes. One moment Bermudians are preparing to “breathe” a collective sigh of relief with real evidence of the pandemic subsiding, as the Government reveals plans for lifting associated Covid restrictions and ho...
DATE: Mar 09, 2022 | CATEGORY: Letters to the Editor | AUTHOR: Letters to the Editor
The Premier is a “slippery-tongued” deceiver who has hiked payroll tax, the Opposition leader told the House of Assembly yesterday.
Cole Simons accused David Burt, also the finance minister, of deliberately misleading the public.
He said: “The Minis...
Reduced electricity bills could be in the pipeline if government revenue and expenditure pan out as predicted this year.
The pledge was one of several relief measures promised by David Burt, the Premier and finance minister, during yesterday’s Budget...
A balanced Budget has been pushed back a year to 2024-25, the Premier said last night.
David Burt, who is now also the Minister of Finance, explained that the postponement was needed to let the Government implement its economic recovery plan and fund...
The old adage no battle plan survives the first contact with the enemy could apply equally well to government budgets, never more so than when the Covid-19 pandemic is added to the mix.
So Curtis Dickinson, the finance minister, deserves some sympat...
DATE: Dec 13, 2021 | CATEGORY: Editorials | AUTHOR: RG: In our Opinion