Comment history

Baha10 says...

The Sponsorship ideas suggested have already been implemented … just attend any major Regatta to see. Reality is this is a “costly” Sport (far more so than a Cricket Bat & Ball it replaced as the National Sport) … in particular “Class A”, where a new Boat with several sets of Sails will cost approx. $200k … and then at least $25k a year to maintain with a single set of Sails (Main & Jib) that have to be replaced every few years costing approx. $12k each. All this for less than 10 hours of usage a year! Unless funded by Government for cultural and touristic reasons, Private Sponsorship is the only alternative, and as such, he who writes the cheque, dictates the terms, albeit there still remain (at least for now) several “unsponsored” Class A Boats, thanks to the financial backing of their wealthy owners.

Baha10 says...

It would seem we are trying hard to kill yet another Golden Goose … what no one seems to appreciate is that these Mega Wealthy Investors are few and far between and we are very fortunate to have attracted them, as with such extreme wealth, they have options … and more importantly they represent “micro-economies” of their own with their assortment of Yachts, Planes, Cars, etc., all of which require Managers, Trustees, Accountants, Lawyers, Captains, Pilots, Contractors, Landscapers and a myriad of other Staff, all of whom must eat, buy fuel, get their hair cut and otherwise support themselves, whereas the Middle Class is merely a Family Unit, which is by no means the same in terms of basic economic impact, so this should not be a discussion about fairness, rather what is in the best economic interest of the Country.

On Property tax cap up 25% to hit $150,000

Posted 5 June 2023, 1:32 p.m. Suggest removal

Baha10 says...

It is distressing to read such vile negativity upon one’s passing … George, nor any of us are perfect, but he was very accessible and approachable, so all those who have held their tongue for 40 years, only to now vent what they thought of him, are Cowards in the extreme, as there was ample opportunity to say whatever was so vexing to the man’s face … not merely anonymously upon his passing as his Family grieves … rest in peace Brother George … God will forgive you of your sins … just as God “may” perhaps forgive these sad souls for their hypocrisy.

Baha10 says...

A dignified gentleman and scholar of history … his friendship and entertaining story telling will be truly missed … rest in peace Brother George🙏

Baha10 says...

… “big time”compensatory Damages in play here!

Baha10 says...

Lyford and Adams are on solid ground here … only question involves integrity of what will soon be a matter for our Judiciary … thankfully we still have the Privy Council.

Baha10 says...

The Bahamas has a history of either scaring away or outright killing Golden Geese … “Atlantis” is one big Goose tat should be left alone.

Baha10 says...

Well said … enough of this Guy … just because he has time on his hands and is willing to talk does not mean he should be entertained.

Baha10 says...

Being forced to lap up Bowe’s regularly offered financial advice is becoming tiresome … ever since the days of Piracy, The Bahamas has had a culture of not abiding by Laws, much less paying Taxes of any description, as demonstrated by the “wheeling and eating” that occurs daily in virtually every facet of life entailing a financial obligation … “what’s my discount, gimme a break, I ga need a tip to get you straight, you know who I is, etc, etc.”

Nonetheless, there is more than an enough revenue “already” being collected to fund this Country … which means the focus should be not on more Taxes, but rather “cutting expenses” and improving efficiency, neither of which guru Bowe even bothers to mention.

One thing is for sure, no Country can tax itself to prosperity, indeed most developed Countries are desperately trying to “cut” Taxes, not increase, but perhaps Bowe is still reading the history chapters on the “once” Great Civilizations of the World and has yet to get to why they all eventually failed🤷‍♂️

Baha10 says...

Munroe is right … and, at art from perhaps fragile and insecure egos, there is no “good” reason to change what is working and has ensured our respectability and standing among Nations.