They need to knock that building down and build a new Post office elsewhere. But when they do it can be a lot smaller, as only an idiot would send items by mail. Even before this the timeframe for sending items was slow. Have your bills sent via e-mail, and send e-mails instead of mail, save yourself the hassle.

That store is not in one of those industries that the bill is aimed at. So no they won't be affected.

On my drive to work today i looked around and so many things are run down, be it the buildings (both Govt and private), the half working traffic lights, the potholes in the road and thought to myself that what we are doing is not working, and in particular it is not working for the poorest amongst us. This is why i support this bill, as if it works as intended then we should all benefit. If it doesn't then whoever the Government of that day will need to tweak it. There are those who will be against it saying the foreigners will take over and say how will the mum and pop shops survive. They are not coming to open mom and pop shops, but businesses that will compete internationally, not locally. In fact that they should help the mom and pop shops, but you can't see that or won't. So if we had your way we will continue as is, maybe somehow managing to not default on the dollar and go insolvent (that is when those nasty foreigners will really be able to take us over) whilst many of our children move overseas to give themselves a chance to make it. I say lets give it a go, as we need to do something to get out of this funk we are in.

I find people complaining about the 14 days laughable. We want to encourage companies to set up here and we tell them how modern we are and how efficient. Then we say we need months though to do a check on whether you can work here because we are so efficient. That should do the trick in getting them here.

I am not sure which article is the correct one. On the front cover is an article saying that Ingraham Raps the enterprise bill. In this one he says

“We can be more vibrant and more attractive,” he said. “When it comes to family offices or investments funds and boutique firms, there are great opportunities for the Bahamas to attract some of those and to the extent the government can tweak legislation to attract more of those, they should do so.

Isn't this what the enterprise bill is trying to do? So which one is it?

Fully agree. This is why i said Government should give 2 years notice that they are doing it, so there can be a smooth transition (well as smooth as anything can be). Problem is will the Government workers be OK with this going forward. If not then Government will not do the right thing and stop it.

This is why we need the credit act (or whatever it is called), that was proposed by the PLP and now the FNM are saying they will do it. Currently a lot of these companies have to rely on the honesty of the person requesting the loan, so they then rely on the Government to make sure it doesn't go over 75% and they feel sure they will get paid (they are a lot less likely to do this for Private sector employees).
But all this is besides the point, none of these companies force people to take a loan. The person decides to do that. The company runs the risk of the loan not being repaid (which is why they like Government employees), however if the applicant says they can make the payments and still be OK, they will say OK. Unless you want the companies to be able to look into every detail of the applicants life to make sure they know their full in comings and outgoings so they can make a decision. Though i will agree that something should be done about the level of interest being charged as that is too high.

Wonder if they will be more successful at this then they were with Atlantis.

You may be right that it would not have worked. But once the dice was rolled on agreeing to give up our secrecy we needed to change the way we operated. We didn't, we just continued to spout tax free, which was no use once the secrecy was gone. now we rely on any growth to come from latin America as they just want their money in a safe country. People in the west not only want to keep their money safe, they want sound financial planning to go with it which is something we do not do.
Governments have known that they needed to upgrade what we offered for a long time, if you were able to see the news reports from when the ministers spoke at BFSB or other entities they all said this. but as always they just talked and never did anything. Here we are 15-20 years later and no change has been done and our 2nd industry is like a ship without an engine, and no one knows where it will end up.

Salaries are low in a number of fields, however there is no excuse for having 75% of your salary deducted before pay day. There has been no real growth for the last 10 years and it appears things will get worse. We need to go back to being less materialistic. In the article it states that one of the reasons for the increase in requests to waive the limit is due to Christmas. Whilst its nice to give family presents at Christmas, going broke to do so makes no sense. Any loving family member will understand not getting a gift. Government should either limit it to 50% or less, or say in 2 years time we will no longer be making deductions so everyone can make the necessary adjustments before it occurs.