{"id":11070,"date":"2024-05-08T16:00:08","date_gmt":"2024-05-08T13:00:08","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=11070"},"modified":"2024-05-08T16:00:08","modified_gmt":"2024-05-08T13:00:08","slug":"thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=11070","title":{"rendered":"Thorne questions benefit, impact of corporate tax reform bill – Barbados Today"},"content":{"rendered":"

I<\/span>n a sweeping attack on the Mia Mottley administration\u2019s handling of the economy, Leader of the Opposition Ralph Thorne has raised concerns about the clarity and transparency of the government\u2019s corporate tax reforms through the Corporation Top-Up Tax Bill<\/b>. Speaking during the Bill\u2019s debate in the House of Assembly, he blasted the government\u2019s tendency to blame external factors for economic challenges as \u201cexcuses for failure\u201d. He instead accused the administration of mismanaging taxpayers\u2019 money. \u201cI reject these excuses being made about the failures in the Barbadian economy,\u201d Thorne said. \u201cThe Barbadian economy is failing because of mismanagement . . . bad policies and leakage . . . financial leakage from the economy. Now, whether it is happening by way of negligence or intention, the people in Barbados are feeling rather uncomfortable that their monies are not being used in a way that will be advantageous to this country.\u201d He also expressed uncertainty about whether the legislation would lead to a rise or fall in taxation and called for more precise information from Minister in the Ministry of Finance Ryan Straughn. \u201cWe need the honourable member [for Christ Church East Central] who spoke on behalf of the government to clarify the impact of the legislation,\u201d the opposition leader said. \u201cThe people of this country want to know whether this amendment will increase or decrease taxation.\u201d In a call for transparency and accountability, the opposition leader urged the government to provide specific details about the tax legislation and its broader purpose. You Might Be Interested In<\/span> Thorne said: \u201cIn a speech lasting some two hours, the honourable Minister [in the Ministry] of Finance was unable to tell his audience whether this taxation would result in more taxes for the government or less taxes for the government.\u00a0 <\/span>He doesn\u2019t give details these days; he makes political speeches, and if this speech lasted two hours this morning, one hour and 45 minutes of that speech was political content and in 15 minutes, he went to the legislation itself. \u201cI ask him to give this country the particulars . . . to say what is the purpose of the amendment, to say whether it will net more for the government, to say whether it will reduce taxation, to say whether it will increase taxation, and to say what is its overall benefit to the economy. It is those details that are missing. We want those details . . . the people of this country want those details. It is not for me to deny the government that right, except that it is also for me to ask the government, through the honourable member who spoke, to give the details as to this legislation and its larger purpose.\u201d The opposition parliamentarian then turned to the government partly blaming the war in Ukraine and lower water levels in the Panama Canal for the country\u2019s economic woes. \u201cConvince the people of this country that a group of soldiers fighting against each other in eastern Europe are causing failures in Barbados,\u201d Thorne declared. \u201cThese tired excuses for failure are no longer acceptable.\u201d He further called for the government to shift its discourse and focus on addressing real issues affecting the Barbadian economy, pointing to other Caribbean nations that are growing economically without blaming external factors. The Christ Church South MP also raised examples of questionable spending. He referred to a recent instance in which the government claimed to have spent $175 000 on repairs to bathrooms and a cricket pitch at a police sports facility. \u201cThe accounting and financial report provided by the government is not satisfactory,\u201d he said. \u201cThe public is now suspicious as to why certain works can suddenly be done when they could not have been accomplished years ago.\u201d He also criticised the government\u2019s spending priorities and called for greater oversight and justification for the use of taxpayers\u2019 money. Thorne further reiterated the opposition\u2019s stance that no credible parliamentarian would deny the government\u2019s right to impose taxes, but he emphasised the need for clear communication and justification. \u201cWe urge the government to provide the people of Barbados with the particulars they deserve,\u201d he said. \u201cTell the public whether this taxation will result in more taxes for the government or less. Explain the overall benefit to the economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Opposition Leader Ralph Thorne criticized the Mia Mottley administration for lack of clarity and transparency in the government’s corporate tax reforms through the Corporation Top-Up Tax Bill. He accused the administration of mismanaging taxpayers’ money and called for more precise information on whether the legislation would lead to a rise or fall in taxation. Thorne also urged the government to provide specific details about the tax legislation and its broader purpose, shifting the focus away from blaming external factors for economic challenges.<\/p>\n","protected":false},"author":6,"featured_media":11071,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1521,1701,383,6497,3492,2134,233,1240,3146,2577,4498,920,1992,2063,9267,4553,26,201,569,415,9265,9046,7905,1823,2796,2685,3933,1570,3747,2628,7669,1775,184,3255,4620,7558,3480,421,1065,6860,3912,4190,4738,1183,7191,618,1571,9266,17,5265,293,3306,962,6305],"class_list":["post-11070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-1521","tag-accountability","tag-attack","tag-benefit","tag-bill","tag-challenges","tag-church","tag-clear","tag-communication","tag-concerns","tag-corporate-tax","tag-cricket","tag-decrease","tag-economic-challenges","tag-economic-mismanagement","tag-economic-woes","tag-economy","tag-europe","tag-finance","tag-government","tag-governments-corporate-tax-reforms","tag-house","tag-impact","tag-increase","tag-issues","tag-legislation","tag-ministry-of-finance","tag-mismanagement","tag-missing","tag-money","tag-negligence","tag-oversight","tag-police","tag-reforms","tag-report","tag-speech","tag-spending","tag-sports","tag-tax","tag-tax-bill","tag-tax-reform","tag-tax-reforms","tag-taxation","tag-taxes","tag-taxpayers","tag-top","tag-transparency","tag-transparency-and-accountability","tag-ukraine","tag-uncertainty","tag-war","tag-war-in-ukraine","tag-water","tag-who"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\nThorne questions benefit, impact of corporate tax reform bill - Barbados Today<\/title>\n<meta name=\"description\" content=\"tax legislation. government's corporate tax reforms, transparency and accountability, economic mismanagement\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thorne questions benefit, impact of corporate tax reform bill - Barbados Today\" \/>\n<meta property=\"og:description\" content=\"tax legislation. government's corporate tax reforms, transparency and accountability, economic mismanagement\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ch.jfdi.cc\/?p=11070\" \/>\n<meta property=\"og:site_name\" content=\"ch.jfdi.cc\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-08T13:00:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"648\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Robot\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robot\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070\"},\"author\":{\"name\":\"Robot\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/24aeef359ef2df73056e7502e1cadc71\"},\"headline\":\"Thorne questions benefit, impact of corporate tax reform bill – Barbados Today\",\"datePublished\":\"2024-05-08T13:00:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070\"},\"wordCount\":716,\"image\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg\",\"keywords\":[\"000\",\"accountability\",\"attack\",\"benefit\",\"bill\",\"challenges\",\"church\",\"clear\",\"communication\",\"concerns\",\"corporate tax\",\"Cricket\",\"decrease\",\"economic challenges\",\"economic mismanagement\",\"economic woes\",\"Economy\",\"Europe\",\"finance\",\"government\",\"government's corporate tax reforms\",\"house\",\"impact\",\"increase\",\"issues\",\"legislation\",\"Ministry of Finance\",\"mismanagement\",\"missing\",\"money\",\"negligence\",\"oversight\",\"Police\",\"reforms\",\"report\",\"speech\",\"spending\",\"Sports\",\"tax\",\"tax bill\",\"tax reform\",\"tax reforms\",\"taxation\",\"taxes\",\"taxpayers\",\"top\",\"transparency\",\"transparency and accountability\",\"Ukraine\",\"uncertainty\",\"war\",\"war in Ukraine\",\"water\",\"WHO\"],\"articleSection\":[\"Other\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070\",\"name\":\"Thorne questions benefit, impact of corporate tax reform bill - Barbados Today\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg\",\"datePublished\":\"2024-05-08T13:00:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/24aeef359ef2df73056e7502e1cadc71\"},\"description\":\"tax legislation. government's corporate tax reforms, transparency and accountability, economic mismanagement\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070#primaryimage\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg\",\"contentUrl\":\"https:\\\/\\\/ch.jfdi.cc\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg\",\"width\":1024,\"height\":648,\"caption\":\"Thorne questions benefit, impact of corporate tax reform bill - Barbados Today\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/?p=11070#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ch.jfdi.cc\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thorne questions benefit, impact of corporate tax reform bill – Barbados Today\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#website\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/\",\"name\":\"ch.jfdi.cc\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ch.jfdi.cc\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ch.jfdi.cc\\\/#\\\/schema\\\/person\\\/24aeef359ef2df73056e7502e1cadc71\",\"name\":\"Robot\",\"url\":\"https:\\\/\\\/ch.jfdi.cc\\\/?author=6\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Thorne questions benefit, impact of corporate tax reform bill - Barbados Today","description":"tax legislation. government's corporate tax reforms, transparency and accountability, economic mismanagement","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_GB","og_type":"article","og_title":"Thorne questions benefit, impact of corporate tax reform bill - Barbados Today","og_description":"tax legislation. government's corporate tax reforms, transparency and accountability, economic mismanagement","og_url":"https:\/\/ch.jfdi.cc\/?p=11070","og_site_name":"ch.jfdi.cc","article_published_time":"2024-05-08T13:00:08+00:00","og_image":[{"width":1024,"height":648,"url":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg","type":"image\/jpeg"}],"author":"Robot","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Robot","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ch.jfdi.cc\/?p=11070#article","isPartOf":{"@id":"https:\/\/ch.jfdi.cc\/?p=11070"},"author":{"name":"Robot","@id":"https:\/\/ch.jfdi.cc\/#\/schema\/person\/24aeef359ef2df73056e7502e1cadc71"},"headline":"Thorne questions benefit, impact of corporate tax reform bill – Barbados Today","datePublished":"2024-05-08T13:00:08+00:00","mainEntityOfPage":{"@id":"https:\/\/ch.jfdi.cc\/?p=11070"},"wordCount":716,"image":{"@id":"https:\/\/ch.jfdi.cc\/?p=11070#primaryimage"},"thumbnailUrl":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg","keywords":["000","accountability","attack","benefit","bill","challenges","church","clear","communication","concerns","corporate tax","Cricket","decrease","economic challenges","economic mismanagement","economic woes","Economy","Europe","finance","government","government's corporate tax reforms","house","impact","increase","issues","legislation","Ministry of Finance","mismanagement","missing","money","negligence","oversight","Police","reforms","report","speech","spending","Sports","tax","tax bill","tax reform","tax reforms","taxation","taxes","taxpayers","top","transparency","transparency and accountability","Ukraine","uncertainty","war","war in Ukraine","water","WHO"],"articleSection":["Other"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/ch.jfdi.cc\/?p=11070","url":"https:\/\/ch.jfdi.cc\/?p=11070","name":"Thorne questions benefit, impact of corporate tax reform bill - Barbados Today","isPartOf":{"@id":"https:\/\/ch.jfdi.cc\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ch.jfdi.cc\/?p=11070#primaryimage"},"image":{"@id":"https:\/\/ch.jfdi.cc\/?p=11070#primaryimage"},"thumbnailUrl":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg","datePublished":"2024-05-08T13:00:08+00:00","author":{"@id":"https:\/\/ch.jfdi.cc\/#\/schema\/person\/24aeef359ef2df73056e7502e1cadc71"},"description":"tax legislation. government's corporate tax reforms, transparency and accountability, economic mismanagement","breadcrumb":{"@id":"https:\/\/ch.jfdi.cc\/?p=11070#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ch.jfdi.cc\/?p=11070"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/ch.jfdi.cc\/?p=11070#primaryimage","url":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg","contentUrl":"https:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/05\/thorne-questions-benefit-impact-of-corporate-tax-reform-bill-barbados-today.jpg","width":1024,"height":648,"caption":"Thorne questions benefit, impact of corporate tax reform bill - Barbados Today"},{"@type":"BreadcrumbList","@id":"https:\/\/ch.jfdi.cc\/?p=11070#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ch.jfdi.cc\/"},{"@type":"ListItem","position":2,"name":"Thorne questions benefit, impact of corporate tax reform bill – Barbados Today"}]},{"@type":"WebSite","@id":"https:\/\/ch.jfdi.cc\/#website","url":"https:\/\/ch.jfdi.cc\/","name":"ch.jfdi.cc","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ch.jfdi.cc\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/ch.jfdi.cc\/#\/schema\/person\/24aeef359ef2df73056e7502e1cadc71","name":"Robot","url":"https:\/\/ch.jfdi.cc\/?author=6"}]}},"_links":{"self":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/posts\/11070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11070"}],"version-history":[{"count":0,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/posts\/11070\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=\/wp\/v2\/media\/11071"}],"wp:attachment":[{"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ch.jfdi.cc\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}