Path to Building a better Bermuda

• Path needs to include all in the same capacity
• Path needs to have the same benefits for all regardless of income or status
• Path should not be aimed at benefiting any group or individual over another
• Path should remove obstacles and worries for all
• Path needs to incorporate all putting back into system building a better future
• Path should be transparent and publicly viewable
• Path should be put forward united, with parties backing, but independent of both

What people will be facing

• No job to go back to
• Job unable to pay as much
• Jobs offering less, taking advantage of system
• mortgage/rent
• electricity
• internet
• cell
• transportation

Alleviating these worries using BELCO as an example (utilities)

BELCO is used by all People on Island

Removing this bill as a worry

Pro

• Removing this bill would allow people to not worry about having power turned off and would free capital for people island wide
• Removing this bill would allow businesses to free capital
• Covering the costs of belco would allow the company to function with out having to chase bills

Con

-         Added cost to debt

Proposed solution

5% income tax island wide paying solely to any costs incurred during recovery of covid-19

co regulated by gov and by private entity. should be separate from gov

(Avg income)    x             (Tax)     x             (Population) -

population is always halved due to fluctuation

    (50k)               x             (5%)      x                  (15k) =