Budget Day - October 2nd 2023

[gastly369]

Budget for the freeloaders

As for the "working class" f*@k yall...

[bluefete]

i forsee them parents who get thru with the school grant using it to buy hair and nails

I remember back in the 70s and early 80s the school grant was $75 for books.

Lots of kids used the money to buy Converse, which was $60.

I asked my parents for same but they got me a $18 Bata with the compass in the sole. The rest went towards books and uniforms.

That was my first lesson in financial money management

I remember the Common Entrance scholarship was $50.00 because I got one. It was given depending on your score after taking the exam. It was used to buy textbooks and some went in the bank.

[redmanjp]

well money is needed for shoes and uniform as well- but to avoid spending on unnecessary items just have an agreement with the bookstores and give them a voucher instead of money.

[Mmoney607]

Apparently public officers will not receive the back pay because psa did not accept the 4%

[Dizzy28]

What I think will come -
1. Increase in Online purchase tax
2. Increase in PAYE for high income earners (1m and above)

Well I was wrong!!!

[SLVR1]

What I think will come -
1. Increase in Online purchase tax
2. Increase in PAYE for high income earners (1m and above)

Well I was wrong!!!

Wait for the mid-yr. review for item 1.

[death365]

Yeah it's in the Industrial Court.

Apparently public officers will not receive the back pay because psa did not accept the 4%

[viedcht]

This is intended to be a stimulus budget, money will be spent by those without discipline which could lead to greater inflation. People are burnt out and beaten so the release valve will be Christmas straight into Carnival. The hope is a ramp-up in the O&G sector over the next 18 months to finance the election goodies. Save allyuh money

Nothing significant in the oil gas for next year.

30% food inflation and property tax gonna soak up that minimum wage pittance.

This is a contractor fatten up to feed the election machine for 2025.

Poor man NOTHING!

indera say the budget for social development gone from 3 billion to 5 billion.

that is an extra 2 billion for electioneering

Dat done tief since 2020. Hadda throw some dry grass over the hole now

[sMASH]

Yeah it's in the Industrial Court.

Apparently public officers will not receive the back pay because psa did not accept the 4%

Just to clarify, the psa put govt in court to get the 14%?

[death365]

Yes and it's a brilliant strategy, negotiating is start high and eventually meet somewhere in the middle.

Negotiations 101.

Yeah it's in the Industrial Court.

Apparently public officers will not receive the back pay because psa did not accept the 4%

Just to clarify, the psa put govt in court to get the 14%?

[VexXx Dogg]

there are creative ways of taking 4% and getting more through allowances.
Everyone focuses on the %, so they can actually negotiate some interesting deals in the middle

[death365]

take it from me - "Allowances" are linked to the same % increases and are NOT general independent considerations while negotiating.

but i have said this over and over again, there should be less focus on percentage and more or non-cash benefits - vacation/casual/other leave, training "scholarships", increased insurance benefits, Public Service - Temporary loan of staff from one Commonwealth Country to a next etc etc etc.

getting more through allowances.

[Dizzy28]

there are creative ways of taking 4% and getting more through allowances.
Everyone focuses on the %, so they can actually negotiate some interesting deals in the middle

I heard my sister saying Principals and VPs got the vehicle tax exemptions like travelling officers in the public service in lieu of salary increases. Not sure how true but she is a HS teacher.

[Dizzy28]

What I think will come -
1. Increase in Online purchase tax
2. Increase in PAYE for high income earners (1m and above)

Well I was wrong!!!

Rejoice! You're probably saving money on one or both of those.

Nah I unaffected by either. Too poor for the PAYE and well I have only ever used a skybox once in the past ten years and that was in June of this year when I needed some light switches very quickly.

[Les Bain]

but i have said this over and over again, there should be less focus on percentage and more or non-cash benefits - vacation/casual/other leave, training "scholarships", increased insurance benefits, Public Service - Temporary loan of staff from one Commonwealth Country to a next etc etc etc.

Hear hear. For the longest while my gripe with union representation is salary and salary increase. A look around my workplace showing that money is the least of people's concerns: who ketching they ass to get contracts renewed, who working month to month, people hadda compose tragic backstory to get their gratuity on time and yet the PSA only on we wuh we money now.

They even say if you seek their representation on a money matter they entitled to a percentage so despite the real grievances you have stacked high enough for god to stump he toe, you and the union showing up looking like a money grubbing troublemaker. I just want fair treatment and flexitime when the work from home era ends.

[death365]

Budget statement download it and read for there is no information that is not power !

https://www.finance.gov.tt/wp-content/uploads/2023/10/2023.10.02-2024-Budget-Statement.pdf

[zoom rader]

Total con job

Just think a $1000 school grant, but the agv trini can't access this.

For students to qualify, the parents have to do a means test.

U as a middle class and up tax payer can't access this.

Beetham and Laventille flooded with money, all dem child moddas collecting for wigs & weave .

[paid_influencer]

to buy wigs & weave?

[supercharged turbo]

Lol

[The_Honourable]

Wigs and weave is a serious economy tho...

[zoom rader]

Wigs and weave is a serious economy tho...

Yes but very Sad it's not Africans importing or selling Injun hair.

Just think all dem sisters have injun in dem

https://www.worldstopexports.com/top-hu ... y-country/

[redmanjp]

Wigs and weave is a serious economy tho...

Close Pennywise, weave shops, nail salons... all you'll get is a nationwide tragedy.

So we should have had that during covid lockdown?

[greggle71]

That appropriate use of the $1,000 school grant is a good point. It should never be 1. Do means test 2. Become eligible 3. Get grant because it will be used for everything else besides books

Hopefully it’s more of a credit system where you show your proof of eligibility, take your document to the bookstore and get items up to the value of the grant and let the bookstore recoup direct from the state

But then again I know my people, all it take is one bad actor working in the bookstore, giving back cash to the parent over the counter instead of books then doing the recouping with the state

[paid_influencer]

That appropriate use of the $1,000 school grant is a good point. It should never be 1. Do means test 2. Become eligible 3. Get grant because it will be used for everything else besides books

Hopefully it’s more of a credit system where you show your proof of eligibility, take your document to the bookstore and get items up to the value of the grant and let the bookstore recoup direct from the state

But then again I know my people, all it take is one bad actor working in the bookstore, giving back cash to the parent over the counter instead of books then doing the recouping with the state

the hustlers have better prices than the bookstore tho.

bess price for trade een too.

I know this because a hustler outside a bookstore told me so

[redmanjp]

Budget Response - it still going on

[pugboy]

man talking about providing skill development for east pos and latrine eradication
which is burkie claim to fame as a contractor

[MaxPower]

Well you Trinis seem VERY satisfied with this budget.

PNM 2025 inches closer.

[redmanjp]

and i thought the 4 hr presentation on monday was long- ting still going on. dey must be sleeping in dey chair now

[paid_influencer]

I used to watch Parliament channel when it did now come out. I genuinely liked it and would watch it for hours at a time. Nowadays I cannot justify the time sink.

so anybody take een kamla for she 3 hours speech? she say anything important?

[DMan7]

That budget debate still going on all now. Them people and dem have no heart? This is elder abuse since is alot of ole dinosaurs in that parliament.