Pharmacist believes he has the remedy for getting rid of Stuart

One of the men who will be seeking to unseat Prime Minister Freundel Stuart in the next general election is suggesting that the current Government is not the only thing that urgently needs to be changed, but also the country’s tax system.

Complaining that the average Barbadian is now “taxed to the hilt”, pharmacist Paul Gibson, who has been announced as the Solutions Barbados candidate for St Michael South, is recommending an immediate overhaul of the revenue collection system.

“Right now Barbadians have been cranked and cranked and ratcheted-up in terms of the claims of taxes to a level that we have never seen in the history of our country.

“People are really being burdened. They have less cash flow because they are being taxed to the hilt [and] we in Solutions Barbados believe there are different strategies that can be used to address the economic state of Barbados,” he told Barbados TODAY in an interview yesterday.

Freundel Stuart and Paul Gibson

Gibson, who will also be facing off against Opposition Barbados Labour Party (BLP) candidate Kirk Humphrey in the next poll, constitutionally due here by the middle of next year, said if given the opportunity to form the next Government, Solutions Barbados would immediately start the process of redress.

“At present there is 25 per cent [personal] taxation, there is the 31 per cent [corporate tax], there is the 17.5 per cent Value Added Tax, there is the ten per cent National Social Responsibility Levy and there is the two per cent tax on foreign exchange transactions,” the 50-year-old Gibson, a father of two young adults, explained.

“We believe as a party the largest corporations are not paying their fair share of taxes, not because they are trying to be evasive, but because the policies of the country permit that you can have a nine-day tax window or you are paying on net profit.”

The St Michael South candidate, who boasts of a strong connection with the people of the sub-urban community some of whom he worshipped with at the People’s Cathedral, said his party, which is hoping to convince Barbadians to break with their tradition of electing either the BLP or the incumbent Democratic Labour Party (DLP), was looking at a model where corporations pay taxes on gross earnings.

“The model has been used in other territories successfully. We believe that the traditional way of taxation in Barbados is not working.”

Gibson also sought to lay blame for the island’s economic situation on past leaders who he said engaged in extensive borrowing, despite advice of international experts for countries to maintain their debt below 40 per cent of the gross domestic product (GDP).

Between 2000 and 2008 when the BLP was office, he said, the national debt increased from 40 per cent to 84 per cent of the GDP and since the DLP assumed office in 2008, the debt figure has risen further to 168 per cent of GDP.

At this rate, Gibson warned that in another three years Government would have to repay $631 million to its creditors. 

25 Responses to Pharmacist believes he has the remedy for getting rid of Stuart

  1. Philip Irie Clement
    Philip Irie Clement September 8, 2017 at 9:42 pm

    Tell us quick please..

    Reply
  2. Divine Duchess
    Divine Duchess September 8, 2017 at 9:50 pm

    Lmao…so wait Stuart is a disease now???? I would be shame ic if i was he

    Reply
  3. Michael Crichlow
    Michael Crichlow September 8, 2017 at 9:50 pm

    Stuart is as useless as having cigarette ashtray
    On a Motorcycle

    Reply
  4. Sharon Taylor
    Sharon Taylor September 8, 2017 at 10:02 pm

    D largest corporations paying fa wunna campaign tho, wunna feel ppl stupid? Stupse….

    Reply
  5. Itz Queen
    Itz Queen September 8, 2017 at 10:03 pm

    Wa? Sleeping pill won’t work.got to be some strong strong caffeine mix with Clorox.

    Reply
  6. Nicole Jones
    Nicole Jones September 8, 2017 at 10:16 pm

    Patricia Eastmond

    Reply
  7. Felicia Corbin
    Felicia Corbin September 8, 2017 at 10:20 pm

    Ok

    Reply
  8. La Flor Linda
    La Flor Linda September 8, 2017 at 10:43 pm

    I like that

    Reply
  9. John Everatt September 8, 2017 at 11:10 pm

    I think Barbadians would be wise to listen to these third party candidates to see what they have to offer. Both DLP and BLP have had their kick at the can and look where that has got us. Ask these new candidates pointed questions and get solid answers.

    Reply
  10. Wayne P Hoyte
    Wayne P Hoyte September 8, 2017 at 11:17 pm

    Read people read

    Reply
  11. Lilian Lloyd
    Lilian Lloyd September 8, 2017 at 11:23 pm

    BLP FOR

    Reply
  12. hcalndre September 8, 2017 at 11:23 pm

    @John Everatt: What you think they have to offer? You said ask questions, get answers and then elect them? Soon they too will be rich and have done nothing.

    Reply
  13. Greengiant September 8, 2017 at 11:55 pm

    I’m happy to hear Solutions Barbados are addressing the contribution to this economic mess by both leading parties. They are showing that after the sacrifices made during the years of the Sandiford administration the dept to GDP ratio was reduced to an acceptable balance.

    The public sector wage bill was reduced, and the country’s foreign dept was reduced significantly. The balance was disturbed with the high increase of government funded corporations, and the borrowing of foreign exchange to shore up the foreign exchange account. Then came the BOLT projects and other considerable foreign exchange demands for domestic development. Such domestic developmental investments are still part of the dept with which we as a nation are still saddled. So we were taken from 40% to 84% in eight years by one party and from 84% to 168% in nine years by the other. Read the Central Bank and IMF reports on Barbados for these periods and you will all see the facts.

    While the private sector is calling for the government to reduce their expenses, others for privatisation of state entities, some for a coping subsidy for public sector workers and those who see themselves as the only alternative for immediate elections. Solutions Barbados are calling for tax reform. Mind you the international agencies were recommending tax and other reforms for Barbados as far back as 1990. We as a nation are still awaiting these reforms which both established parties have failed to implement. Their failure has been our failure as a nation. How can we not listen to the voice of (Solutions Barbados) as it cries from the wilderness? They need to be taken seriously as only they have really offered any different alternative. They are addressing the real issue that will make a difference.

    Reply
  14. jrsmith September 9, 2017 at 5:03 am

    As a 2 party state , what we get is promises from one party which rolls around to the other party and this game is played out by party policies ,, decades after decades this failure can be broadly seen looking at the barbados infrastructure which has been neglected for the past 3 decades ……………..
    Trusting the politicians is as like waiting on a miracle , how can the black masses be convinced of change for the better , when they see no future and is constantly reminded of the 1%ers who control our nation………
    The present government is on its second term and must be the only government in the world, with a things to do lists,without a tick in any box…….
    I am not convince what the political movements in barbados stands for, because they remind me of being similar to the american civil rights movements…………………
    Am I convince the political landscape would change,no, Is there a chance of a……. (coalition government )…………,no, One major issue in barbados we have too large a non productive political infrastructure ,for a small island and still nothing gets done it has all become a promise government nothing works…………
    ……………………………………..My take we need to control all of our politicians in Barbados, they are arrogant , disrespectful and hard to believe but have made sure they position is not to be accountable to anyone , the masses of people like it or lump it…..
    We need a bit of legislation , to give the people the chance of not suffering for decades to remove the (MPs) who only seek jobs security by they votes , in return does nothing for the people , we need an act of parliament the (accountable Act 2017 ) so politicians can be automatically remove from office, as they were put there by the people , if they are not working for or in the interest of the people ……
    Just think this present government winning the new elections , we are doomed…………………………………………………..

    .

    Reply
    • Mr. Hope&change September 17, 2017 at 8:09 pm

      I will go even further. Do away with the Westminster style of government all together. Create a people representative system of government. Where as these elected Rep. Would have to set up office in they elected constituency to see after the peoples needs. Amen the constitution to achieve this.no more MPs or cabinets members form from elected reps. Hire captains of industry who are successful business people to advise the government. Change the names of (ministers )to department and hire professional to head these departments…… TBC

      Reply
  15. Milli Watt September 9, 2017 at 9:58 am

    he got WHAT to get rid of WHO…………….WHEN. stupse FRUNS like father time, the come back kid and A LIFE SORE all in one. It going take more than what you can prepare.

    Reply
  16. Belfast September 9, 2017 at 4:18 pm

    Looks like the Prime Minister will need an official food taster. I nominate Dennis Kellman for the Job, with Adriel B as his Deputy.

    Reply
  17. BaJan boy September 9, 2017 at 4:40 pm

    Another deposit for the treasury.

    Reply
  18. arrizzi September 9, 2017 at 9:02 pm

    I hope that mr stuart dont reverse the remedy on you please dont under estimate our pm -he is very crafty and he sure know how to spell defeat

    Reply
  19. miche September 10, 2017 at 4:52 pm

    And then they came another ant ,,,,,,,to do what,,,Too many no name people want a grain of this corn

    Reply
  20. Mr. Hope&change September 17, 2017 at 8:18 pm

    I never set foot in the so call secondary school in barbados. To see
    The level of basic comprehension here is painful.some bajan can even articulate a descent respond to a debate. I will fo sll i csn ti help my country get back on a path of success.

    Reply

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