Opinion: Fair share

POSTED: 02/13/13 12:36 PM

The frustration of harbor Chief Mark Mingo is understandable. While the port pays at least a concession fee to the government, other government-owned companies keep their money in their accounts.

The airport just refinanced its debts with a bond issue that will not only allow it to upgrade this gateway to the rest of the world, it will also guarantee that for the next fifteen years the airport will not pay a penny in dividend.

That Minister Tuitt is now working on a dividend policy is something long overdue. That is not the minister’s fault, because he only came into office in May of last year. Subsequent governments have turned a blind eye to this issue for whatever reasons. But it is about time to put the demons from our past behind us and to move towards a situation whereby, indeed, everybody pays his fair share.

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