Caribbean Times 28th Issue - Monday 14th June 2016
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.