Daily Archives: 01/27/2022

GUYANA: POLITICS: APNU+AFC asks for time to decide on next opposition leader after Harmon resigns

Joseph Harmon

“The Chief Whip of the APNU+AFC has said that they will indicate to me at a later time their availability for me to convene a meeting for the election of a new opposition leader,” House Speaker Manzoor Nadir told the National Assembly before the presentation of the 2022 National Budget.

Mr. Nadir said the Leader of the Liberty and Justice Party, Lenox Shuman, who is also Deputy Speaker, said he would not be part of the process for the election of a new opposition leader.

Mr. Harmon remains an APNU+AFC parliamentarian.          Continue reading

GUYANA: Budget 2022: Income tax threshold increases, higher pensions, school children grants, etc.

BUDGET DEBATE 2022 – 26 January 2022

Guyanese who earn G$75,000 (app US$350) per month or less will no longer have to pay income tax.  Note: Guyana’s Exchange rate is now approximately $210 per USA Dollar. Divide Guyana dollars quoted by 210 to get US dollar amount.

Finance Minister Dr Ashni Singh made the announcement in his 2022 National Budget speech. “In this regard, we are proposing to increase the monthly income tax threshold from G$65,000 to G$75,000 monthly, thereby releasing a total of G$1.3 billion into the hands of current taxpayers both in the public and private sectors,” he said.

He says that in 2021 the increased revenue from personal income tax of G$8.2 billion was driven by higher remittances by employers in both the public and private sectors.

TOTAL BUDGET U$ 2.6Billion            Continue reading

U.S.A.: Sabotage of Build Back Better plan another act of one-sided class warfare – By Mohamed Hamaludin

– By Mohamed Hamaludin

Poverty in the United States has been so pervasive that some adjunct professors, facing homelessness because of low pay, resorted to sleeping in their cars or doing sex work, The Guardian once reported.

A quarter of part-time college academics were said to be enrolled in public assistance programs such as Medicaid. “They resort to food banks and Goodwill and there is even an adjuncts’ cookbook that shows how to turn items like beef scraps, chicken bones and orange peel into meals. And then there are those who are either on the streets or teetering on the edge of losing stable housing,” The Guardian said.

Also, some teenagers in low-income communities trade sex work for food, according to a study cited in another Guardian story. They “do sex work, save school lunches, sell drugs and join gangs for food,” The Guardian said, citing a report from the Washington, D.C.-based Urban Institute.            Continue reading

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