Maybe just maybe if NIB was not used as a political toy it would be properly funded. There are countless disused buildings that NIB have bought for the benefit of the previous owner. There is no benefit to Bahamians to own them. Then the amount of times NIB has invested in Government owned enterprises and got little to no pay back from them is also countless. Until they eliminate political interference in NIB and stop the belief that they can just get Bahamians to pay more it will be a failure. So the NIB director can pontificate all she wants about companies not paying their share, the biggest cost to NIB is political and she has not tried to stop it.
I said have certain items VAT free. On Real property get rid of the upper limit, if you get rid of the $300,000 exemption then if you are in a $300,005 you are getting a full hit.
Is it really that bad to ask the question. A quick look at AML shows sales over $200 million, assuming the vast majority is food (80%) then that would be $160 million. This is $16 million less (or $8 million at 5%), Super value would be more. Where is Government going to get that revenue. I don't think those who need the cut are buying ribeye, but someone buying that will also get the cut. Why? Why not revamp breadbasket and put those VAT free, making sure it is a healthy option for people. Then all else is VAT. Otherwise where are Government going to make up the revenue decrease? Its not as though we have a surplus now.
When they increased the breadbasket VAT to 10% they said it was not right to give the benefit to wealthy people and that they would use social security to help those who need it. Apart from an Election coming why the change in policy?
Think they were meant to publish this on April 1st. This can't be real. You are talking about millions, if not billions in investment and the company you sign up with has no experience of doing anything like this. How
We are inept so i don't expect any change. I was driving past the gladstone road roundabout the other day and realized that we have known it was not good and needed to be fixed since it opened. That is 10-15 years ago. And yet still no change, and none on the horizon. Government has basically said to hell with all the people stuck in the traffic there due to its layout, as they would rather spend money on baseball stadiums, pavements, cars galore, traveling . Then actually doing something that might help the citizens.
Ahh more people to waste money on. No doubt will be an increase in cabinet after the election so even more can be wasted. You could probably reduce the number of MPs to 3 and we wouldn't notice any difference, except for less cars blazing through traffic with their sirens on.
But the stores they may shop at are (RP) and the fish they may buy are. As well as the owners of other stores, who all then put up their good prices to cover the increase in tax they are paying
Dawes says...
Maybe just maybe if NIB was not used as a political toy it would be properly funded. There are countless disused buildings that NIB have bought for the benefit of the previous owner. There is no benefit to Bahamians to own them. Then the amount of times NIB has invested in Government owned enterprises and got little to no pay back from them is also countless. Until they eliminate political interference in NIB and stop the belief that they can just get Bahamians to pay more it will be a failure. So the NIB director can pontificate all she wants about companies not paying their share, the biggest cost to NIB is political and she has not tried to stop it.
On NIB income jumps 14% amid $600m COVID cut to reserves
Posted 16 January 2026, 12:14 p.m. Suggest removal
Dawes says...
I said have certain items VAT free. On Real property get rid of the upper limit, if you get rid of the $300,000 exemption then if you are in a $300,005 you are getting a full hit.
On Bank chief slams Davis over ‘uninformed’ food vat removal
Posted 15 January 2026, 1:11 p.m. Suggest removal
Dawes says...
Is it really that bad to ask the question. A quick look at AML shows sales over $200 million, assuming the vast majority is food (80%) then that would be $160 million. This is $16 million less (or $8 million at 5%), Super value would be more. Where is Government going to get that revenue. I don't think those who need the cut are buying ribeye, but someone buying that will also get the cut. Why? Why not revamp breadbasket and put those VAT free, making sure it is a healthy option for people. Then all else is VAT. Otherwise where are Government going to make up the revenue decrease? Its not as though we have a surplus now.
On Bank chief slams Davis over ‘uninformed’ food vat removal
Posted 15 January 2026, 10:27 a.m. Suggest removal
Dawes says...
When they increased the breadbasket VAT to 10% they said it was not right to give the benefit to wealthy people and that they would use social security to help those who need it. Apart from an Election coming why the change in policy?
On VAT to be axed on all groceries
Posted 13 January 2026, 11:34 a.m. Suggest removal
Dawes says...
Think they were meant to publish this on April 1st. This can't be real. You are talking about millions, if not billions in investment and the company you sign up with has no experience of doing anything like this. How
On Gov’t reveals 2,000-job Mayaguana port project
Posted 8 January 2026, 4:34 p.m. Suggest removal
Dawes says...
Until Yamacraw is back to ending at the sea, the boundary commission is a joke.
On St James and Bimini seats created in boundaries report
Posted 8 January 2026, 11:12 a.m. Suggest removal
Dawes says...
We are inept so i don't expect any change. I was driving past the gladstone road roundabout the other day and realized that we have known it was not good and needed to be fixed since it opened. That is 10-15 years ago. And yet still no change, and none on the horizon. Government has basically said to hell with all the people stuck in the traffic there due to its layout, as they would rather spend money on baseball stadiums, pavements, cars galore, traveling . Then actually doing something that might help the citizens.
On School run stress: 15% quit or change their job
Posted 7 January 2026, 9:40 a.m. Suggest removal
Dawes says...
Ahh more people to waste money on. No doubt will be an increase in cabinet after the election so even more can be wasted. You could probably reduce the number of MPs to 3 and we wouldn't notice any difference, except for less cars blazing through traffic with their sirens on.
On Boundaries commission expected to propose splitting two constituencies
Posted 7 January 2026, 9:35 a.m. Suggest removal
Dawes says...
But the stores they may shop at are (RP) and the fish they may buy are. As well as the owners of other stores, who all then put up their good prices to cover the increase in tax they are paying
On PLP chairman: US inflation driving Bahamas cost of living crisis
Posted 6 January 2026, 9:25 a.m. Suggest removal
Dawes says...
Why are we listening to people like this? Nothing to show that anything will happen. Just a man singing for his supper
On Abaco road repair ‘a priority’ for PM claims Bishop Cedric Bullard – ‘but no date given’
Posted 2 January 2026, 9:56 a.m. Suggest removal