End to road tax
Road tax as we know it may be a thing of the past.
Economic consultant Dr Clyde Mascoll says the Barbados Labour Party plans to rid Barbadians of paying road tax in favour of a smaller levy in fuel as part of a proposed plan to restructure the economy.
“We currently have something called a Road Tax. Well, that has to change. It has to change because the tax does not make sense,” Mascoll reasoned.
“What we are going to do is abolish the road tax. However, we can’t be irresponsible so what we are going to do is shift the balance of the tax more towards the business community. Those people who use the road most should hold most.
“It’s called equity and justice so therefore we’re going to transfer the road tax to a small tax in fuel and as a result, those businesses that use the heavy vehicles and that are on the road all day will pay proportionately,” he added. (JM)
