Today, a team from Barbados TODAY sought man-in-the-street feedback from Barbadians to Minister of Finance and Economic Affairs, Chris Sinckler’s Financial Statement and Budgetary Proposals.
Stephen Gittens, manager of Blakey’s said: “I welcome the reduction in the level of VAT on Hotels. That is a good move and I appreciate it for the tourism industry. I work in the industry.”
However, Rosy Ellis charged that he did nothing to reduce the cost of food and electricity for the poor and middle class. She further questioned whether all of the promises made would materialise.
Richard Matthews suggested that it was one of the better Budgets he had witnessed, because it “dealt with all the problem areas that are affecting the country at this time”. The time frame of 19 months is adequate.
Valdene Payne said she saw nothing to worry about with students having to pay tuition fees, or wrong with Government cutting the reverse tax credit at a time when economic conditions were rough.
Glenvere Scantlebury welcomed the reduction of the Value Added Tax on hotels to seven and a half per cent. He said though he was unsure that real provisions were made for growth in the economy, and saw that as a major problem.
Geoffrey Jones argued that Government was trying to correct a problem that existed in Barbados for a long time. He further argued that it was taking action that should have been taken a long time ago. He explained that there were few countries in the world where students did not pay some of the cost of their education.
Victor Benn said: “It has been long in coming. I am very supportive of Sinckler, especially in the areas of education. He should have gone a bit further. Recipients of free secondary and tertiary education have been abusing the system for a long time. I do not feel that Barbados can sustain a medical faculty.”
Meanwhile, Owen Taylor who is employed as a plumber, argued that nothing was offered in the Budget for self employed persons. (NC)