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Caribbean Times 28th Issue - Monday 14th June 2016

Caribbean Times 28th Issue - Monday 14th June 2016

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6 c a r i b b e a n t i m e s . a g<br />

<strong>Monday</strong> 13th <strong>June</strong> <strong>2016</strong><br />

PIT Amendment Bill debated and passed<br />

Joanna Paris<br />

On Friday, members of the Lower<br />

House of Parliament, gave a nod of approval<br />

towards the passage of the Personal<br />

Income Tax (PIT) Amendment<br />

Bill <strong>2016</strong>.<br />

The mover of the legislation, Prime<br />

Minister and Minister of Finance and<br />

Corporate Governance, Prime Minister,<br />

the Hon. Gaston Browne in his introductory<br />

remarks explained the benefits<br />

associated with the removal of PIT.<br />

He indicated that as a result of the passage<br />

of the bill, effective <strong>June</strong> 30 th , PIT<br />

will be totally abolished and added that<br />

the parliamentary debate was just the<br />

beginning of a long awaited process.<br />

The nation’s leader further noted<br />

that the abolition of PIT will give the<br />

people of Antigua and Barbuda more<br />

By Justin Peters<br />

The professional, the<br />

Vagabond, Superman, Ricard<br />

Drue is one of the most<br />

prolific Soca artists coming<br />

out of Antigua and Barbuda,<br />

something that has<br />

been achieved through hard<br />

work and a love for the art<br />

and his fans. With his rise to<br />

fame after his breakout hit<br />

“Superman” and follow-up<br />

chart toppers “Vagabond”<br />

and “Professional” Ricardo<br />

is here to stay.<br />

Always extremely<br />

thankful for all that he has<br />

achieved, he remembers<br />

where his road began and believes<br />

in giving back to society<br />

in any way that he can. It<br />

is in the spirit of giving that<br />

he decided to produce a fete<br />

for children, about children<br />

economic power to contribute to the<br />

nation’s growth and development.<br />

“The elimination of Personal Income<br />

Tax is designed to empower Antiguans<br />

and Barbudans and will also put<br />

37 million dollars back in the pockets<br />

of the people of this country. This just<br />

one way to ensure that there is greater<br />

equity in the system”, Prime Minister<br />

Browne explained.<br />

He highlighted the fact that 25%<br />

percent of the working class has carried<br />

the burden of paying the tax for the last<br />

10 years and further outlined that the<br />

elimination of PIT is a “promise made<br />

and promise kept”.<br />

Prime Minister Browne also said<br />

that the Antigua and Barbuda Labour<br />

Party (ABLP) has always been opposed<br />

to the tax because of its unfair<br />

and to benefit children.<br />

ID Land as it has been<br />

dubbed is the definitive<br />

event for children this Carnival<br />

season. With all of the<br />

fetes that are hosted every<br />

year, with the exception of<br />

the children’s carnival parade,<br />

preteens tend to be<br />

wholly excluded from fetes.<br />

The event slated for July<br />

10th <strong>2016</strong>, fills that gap and<br />

will be hosted by TJ Da DJ<br />

and will feature an explosive<br />

lineup of local entertainers<br />

such as Kid Viscous,<br />

Baby Eve, Junior Rampler<br />

(the reigning Junior Soca<br />

Monarch, MnM Music, the<br />

amazing Gurin Hunte the<br />

Magician, Sprit Starz Cheerleaders,<br />

the Good Vibes<br />

nature.<br />

Now that persons will have more<br />

income available to them, the government<br />

encourages persons to invest<br />

wisely as the government seeks to pursue<br />

a policy of entrepreneurship socialism.<br />

“What we recommend, Mr. Speaker,<br />

is for individuals to invest these<br />

funds wisely, get a loan, invest in a<br />

retirement property basically acquire<br />

assets and not to take the funds and go<br />

and splurge in a foreign country, invest<br />

here”, the nation’s leader advised.<br />

Veteran politician and Seniour Minister,<br />

Sir Lester Bird, gladly voiced his<br />

support for the abolition of PIT, which<br />

he described a further step forward in<br />

the economic development of Antigua<br />

and Barbuda.<br />

Soca artiste giving back to society<br />

Band and the Antigua Dance<br />

Academy.<br />

The charity event is sponsored<br />

by Digicel Joe Mike’s<br />

G Productions Online, ID<br />

Nation, Merryland and Vybz<br />

FM.<br />

100% of the proceeds<br />

from ticket sales will go to<br />

the Mount St. John’s Medial<br />

Centre Children’s Ward.

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