Good observation, although I’d be more interested in know the number that will fall on the “contributing” members of society. Since we have a large segment of society with a very low income, their minimal if any contribution (ie taxes paid), create a shortfall, and this must be offset/ paid by the contributing members.
While only a fool would think any modern government will ever pay their debt in full; there are borrowing costs paid on an ongoing basis.
These borrowing costs are paid be the net contributing members of society. I’d estimate this to be around 20-40 % of the populous. While the remaining 60% pay some into the system, many drain resources at a rate far greater than their contribution.
I suggest that 80% of the debt costs fall on 20% of the people to service.
They tested positive. Big deal. Anyone can get the virus. Notice all three are at home “isolated “. They’re not in any jeopardy, this hit 99% of people like the normal flu!
Complete and utter nonsense comes out of his mouth.
If Minnis has one shred of decency, or any pride at all in this nation left, he would and should immediately step down.
His nonsensical comments, complete disregard for for honest communications, lack of common sense and utter incompetence in general are an embarrassment to our great nation.
That’s no accident. They clearly suspect it was a police hit job, “The Tribune understands Smith was expected to play a key role in the coroner’s inquest into the shooting death of her husband.”
Does anyone doubt the police are capable of these things. This be one seriously corrupt nation you know!
Minnis them , need to implement corporate income tax, they see it as the only way out of our financial mess.
You know how these deals go, Minnis them probably asked the eu to make a public demand that we get corporate tax, that way it don’t look so bad on Minnis
Well the stealing, corruption and spending like a drunken sailor since independence is finally gonna ruin the one thing we had going and that was low taxes.
I guess on the plus side, Minnis them, and whoever is next will soon have a new revenue stream to suck off of.
Chucky says...
Good observation, although I’d be more interested in know the number that will fall on the “contributing” members of society.
Since we have a large segment of society with a very low income, their minimal if any contribution (ie taxes paid), create a shortfall, and this must be offset/ paid by the contributing members.
While only a fool would think any modern government will ever pay their debt in full; there are borrowing costs paid on an ongoing basis.
These borrowing costs are paid be the net contributing members of society. I’d estimate this to be around 20-40 % of the populous. While the remaining 60% pay some into the system, many drain resources at a rate far greater than their contribution.
I suggest that 80% of the debt costs fall on 20% of the people to service.
On $10 BILLION: Pandemic and Dorian send deficit soaring
Posted 28 May 2020, 11:23 a.m. Suggest removal
Chucky says...
They tested positive. Big deal. Anyone can get the virus. Notice all three are at home “isolated “.
They’re not in any jeopardy, this hit 99% of people like the normal flu!
On SATURDAY UPDATE: Three new cases of COVID-19, 100 in total
Posted 24 May 2020, 7:57 a.m. Suggest removal
Chucky says...
Minnis is completely delusional.
He speaks as though he has lost his mind.
Complete and utter nonsense comes out of his mouth.
If Minnis has one shred of decency, or any pride at all in this nation left, he would and should immediately step down.
His nonsensical comments, complete disregard for for honest communications, lack of common sense and utter incompetence in general are an embarrassment to our great nation.
On ‘We couldn’t open them all in one go’
Posted 21 May 2020, 3:17 p.m. Suggest removal
Chucky says...
They can’t make us use a travel card. They must think think we got no rights to travel.
This fake pandemic is all about control, that’s it!
On OPENING UP: PM sets target date of July 1 to reopen borders
Posted 18 May 2020, 5:29 p.m. Suggest removal
Chucky says...
Ridiculous comment, devoid of rational thought. Red China is a better friend to the world than USA or Europe ever has been.
Remember who done enslaved who, why and for how long; and it wasn’t nuttin to do with China
On 'Divine intervention' need on COVID-19
Posted 15 May 2020, 2:25 p.m. Suggest removal
Chucky says...
More likely than not!
On GUNNED DOWN: Widow of gangster shot dead by cops dies in GB driveby
Posted 12 May 2020, 12:25 p.m. Suggest removal
Chucky says...
That’s no accident.
They clearly suspect it was a police hit job, “The Tribune understands Smith was expected to play a key role in the coroner’s inquest into the shooting death of her husband.”
Does anyone doubt the police are capable of these things. This be one seriously corrupt nation you know!
On GUNNED DOWN: Widow of gangster shot dead by cops dies in GB driveby
Posted 12 May 2020, 11:03 a.m. Suggest removal
Chucky says...
Naughty you’re an idiot!
On A COMIC'S VIEW: Give us what we need and not what we want
Posted 8 May 2020, 9:44 p.m. Suggest removal
Chucky says...
Borrowing to stimulate the economy is like spending on your credit card to make up for shortfalls in your pay check.
On Bannister aiming for $500m works budget
Posted 8 May 2020, 7:50 a.m. Suggest removal
Chucky says...
Pure lies!
Minnis them , need to implement corporate income tax, they see it as the only way out of our financial mess.
You know how these deals go, Minnis them probably asked the eu to make a public demand that we get corporate tax, that way it don’t look so bad on Minnis
Well the stealing, corruption and spending like a drunken sailor since independence is finally gonna ruin the one thing we had going and that was low taxes.
I guess on the plus side, Minnis them, and whoever is next will soon have a new revenue stream to suck off of.
On Our foot’s on your neck, EU warns
Posted 8 May 2020, 7:43 a.m. Suggest removal