The Bermuda Progressive Labour Party comments on House of Assembly Sitting
Progressive Labour Party Chair criticises OBA's plan to reintroduce TA Fees & tax healthcare
Today our Party Leader, the Honourable Premier E. David Burt, JP, MP, opened the General Economic Debate in the House of Assembly.
Before he opened that debate, the PLP Government announced the return of year-round air service from Boston, the start of the LED bulb distribution which will save consumers $7 million in electricity costs, and an upgraded CCTV system in Bermuda that will be delivered this year.
Sadly, today the OBA proved why they cannot be trusted with Bermuda’s Finances again. After their failed Morgan’s Point Project and unwise airport privatisation which have cost the taxpayers more that $250 million in the last 3 years, the OBA have revealed their plans if returned to Government - and they are shocking.
In the House of Assembly the OBA committed to increasing costs on Bermudians by proposing the reintroduction of TA Fees! If that pledge wasn't bad enough they also shockingly proposed a new tax on healthcare services which would increase the cost of healthcare in Bermuda!
The PLP Government has provided relief to working Bermudians during the pandemic and after by reducing taxes on working families, providing payroll tax rebates, reducing car licensing fees, support to parents for school expenses, elimination of duty for staple goods, and a freeze in gasoline prices.
This year's budget reduces taxes for 86% of Bermuda's workers and 86% businesses in Bermuda. Small businesses will see their taxes fall by up to 43% while every worker in Bermuda making less than $132,000 a year will pay less in payroll taxes next year.
The PLP's Budget invests in public education, more health clinics in Bermuda, funds for infrastructure to pave more roads, and critical support for parents of young children with increased support for childcare.
The members of the Bermuda Progressive Labour Party are proud to support the PLP Government's Budget that supports the workers and small businesses of Bermuda, and outlines Bermuda's Path to Continued Economic Growth.
Dawn Simmons
Progressive Labour Party Chair