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    August 20

  • 04:55 PM

Gooding-Edghill: Cost of living increased under DLP administration

RACHELLE AGARD, rachelleagard@nationnews.com

Added 17 May 2018

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Ian Goodling-Edghill, St. Michael West Central, speaking at a BLP meeting in Clevedale Road, Black Rock, St. Michael on Thursday night. (Photo by Shanice King)

The Barbados Labour Party's (BLP) aim is to give the people of Barbados more spending power and generate more economic activity.

So says BLP hopeful for St Michael West Central Ian Gooding-Edghill adding that the economy was deteriorating under the reign of the Democratic Labour Party (DLP).

"Every day is hardship for the people of Barbados. VAT (Value Added Tax) was increased to 17.5 per cent, the introduction of the National Social Responsibility Levy was done to offset cost at the Queen Elizabeth Hospital and was introduced at two per cent. It was increased to ten per cent, as well as the two per cent forex tax," he said, explaining that people were now spending 29.5 per cent tax on every dollar they earned.

He added that by their policies, the DLP had increased the cost of living in Barbados as they continued to take 50 per cent on every dollar earned with the added 20 per cent of PAYE, making people unable to save and "put something away for a rainy day".

"We are going to repeal the NSRL . . . . I am confident tonight that if the Dems feel what they did in 2013 will work again, we will say to them enough is enough," he said, referring to his contender James Paul as "James Loss". (RA)

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