July will be a terrible month for businesses and consumers...at least in August we can start finding ways around VAT with the new loopholes they just created in the system.
The problem is this...the retailers need to adjust everything up to 12% for the month of July...change all the prices on the shelf, deal with the blow of importing the breadbasket items at 12% before all of a sudden the rate drops to 0 in August and all the VAT paid at the front end is lost. It would be better to hold the line at 7.5% through July, move the items to 12% that move to 12% and drop the items to 0% at the same time. Never mind the impact it will have on creating massive loopholes in how inland revenue monitors the margins that people report on the VAT returns. Variable VAT makes that almost impossible to calculate an acceptable 'margin of error' and the devious ones will play that out to the max!!
Not even close...single engine, fixed gear aircraft with wheel fairings...low wing, looks like it has gull type doors. The second picture in this article with the aircraft tail and Reg #'s is not the same crash site...not even the same colour/stripe pattern, that's just some fool sharing random pictures claiming it's legit from the crash scene. If you try to make out the tail number, it looks to be N421MW...which is indeed a Cessna 421...not the same plane in the 2 pictures. One of them is wrong.
What blows my mind is that the people who play the numbers can't seem to grasp the concept that the money Flowers and Sebas are raking in is insane...it's not about 'everybody wins'...everybody loses...to the tune of a collective 100M+ per year if we assume Flowers saying he is in the highest bracket. The end game in any gambling organization is to WIN...you the public LOSE. What potential could come from having those hundreds of millions of dollars sucked up by the gambling houses, actually doing some good in the broader economy, buying tangible goods, buying homes, paying bills, etc, etc. Damn fools to be running numbers.
B_I_D___ says...
July will be a terrible month for businesses and consumers...at least in August we can start finding ways around VAT with the new loopholes they just created in the system.
On Breadbasket 'zero rate' delayed until August 1
Posted 19 June 2018, 4:01 p.m. Suggest removal
B_I_D___ says...
Yet another law in the books that will never be enforced.
On Texting while driving to be made illegal
Posted 19 June 2018, 2:55 p.m. Suggest removal
B_I_D___ says...
The problem is this...the retailers need to adjust everything up to 12% for the month of July...change all the prices on the shelf, deal with the blow of importing the breadbasket items at 12% before all of a sudden the rate drops to 0 in August and all the VAT paid at the front end is lost. It would be better to hold the line at 7.5% through July, move the items to 12% that move to 12% and drop the items to 0% at the same time. Never mind the impact it will have on creating massive loopholes in how inland revenue monitors the margins that people report on the VAT returns. Variable VAT makes that almost impossible to calculate an acceptable 'margin of error' and the devious ones will play that out to the max!!
On Breadbasket 'zero rate' delayed until August 1
Posted 19 June 2018, 2:53 p.m. Suggest removal
B_I_D___ says...
Welcome to the Banana Republic...we are our own worst enemies...
On Govt deals: 2/3 of firms need 'personal contacts'
Posted 15 June 2018, 3:55 p.m. Suggest removal
B_I_D___ says...
This is not the correct aircraft for this story.
On A photo of the crashed plane from social media.
Posted 6 June 2018, 3:33 p.m. Suggest removal
B_I_D___ says...
There is also a youtube video of the aircraft... "N421MM Arrival at KCMH 19 April 2012"
On UPDATED: Three American men killed in Eleuthera plane crash
Posted 6 June 2018, 3:33 p.m. Suggest removal
B_I_D___ says...
Google N421MM that is your aircraft, and it is a 421...the lead photo is incorrect.
On UPDATED: Three American men killed in Eleuthera plane crash
Posted 6 June 2018, 3:24 p.m. Suggest removal
B_I_D___ says...
First instinct on the first aircraft is a Tobago, but the rear window doesn't quite match the profile.
On UPDATED: Three American men killed in Eleuthera plane crash
Posted 6 June 2018, 2:57 p.m. Suggest removal
B_I_D___ says...
Not even close...single engine, fixed gear aircraft with wheel fairings...low wing, looks like it has gull type doors. The second picture in this article with the aircraft tail and Reg #'s is not the same crash site...not even the same colour/stripe pattern, that's just some fool sharing random pictures claiming it's legit from the crash scene. If you try to make out the tail number, it looks to be N421MW...which is indeed a Cessna 421...not the same plane in the 2 pictures. One of them is wrong.
On UPDATED: Three American men killed in Eleuthera plane crash
Posted 6 June 2018, 2:51 p.m. Suggest removal
B_I_D___ says...
What blows my mind is that the people who play the numbers can't seem to grasp the concept that the money Flowers and Sebas are raking in is insane...it's not about 'everybody wins'...everybody loses...to the tune of a collective 100M+ per year if we assume Flowers saying he is in the highest bracket. The end game in any gambling organization is to WIN...you the public LOSE. What potential could come from having those hundreds of millions of dollars sucked up by the gambling houses, actually doing some good in the broader economy, buying tangible goods, buying homes, paying bills, etc, etc. Damn fools to be running numbers.
On Web shops facing taxation 'wipe out'
Posted 31 May 2018, 3:11 p.m. Suggest removal