What the coalition should do is buy out Emera and then run the company as a not for profit. If it makes a loss they can pay the difference. That way they can make sure prices don't increase
We do tax property, at least in Nassau. I do agree they should extend this to family islands. On Income tax we would need to be sure that we would raise enough to fund what is needed. So lets say anything over $20,000 is 10%, and then it increases as you go up, say 40% over $100,000. At a guess most people who may earn over $100,000 are the offshore banks, so they are gone. Yes the second home owners will still stay here, but they wouldn't be paying income tax anyway. So basically it will be up to those middle class Bahamians to pay. Will be interesting to see if they are able to or not. There are many other ways to raise revenue which would be easier, one no real property exemption, 2 RPT in Family islands, 3 increase yachting fees by a lot. Those 3 alone should bring in 10's of millions and won't decimate a whole industry.
How hard is it to do. They already mass message people, so just turn that into the alert. Thats better then those stupid electronic billboards they have up
Wonder if the church realizes that it is for reasons such as this (and some others) that the next generation have no inkling to go to church. Maybe once their numbers dwindle even more we can truly have a separation of church and state.
We tax business on their revenue, which means even if they make a loss they pay taxes. If we taxed on profit government would get $0 for the last year from most companies. But Corporation tax is much better then business license. On income tax i hope they produce a study first to see what rate would work, as if they go in at 20% over $50,000 then you can say buy to many jobs.
Why is this being discussed in parliament? Yes condolences can be offered but the rest should be left up to the police and then the courts. Once that is done then it can be discussed.
Umm how do you think those hotels will pay for the test. They don't have a magic money tree. And yes of course all that money saved would not be given out in salary or bonus but some of it will
Yay Emergency Protocol that needed to be renewed every few months is gone. To be replaced by a law which apart from Curfew is the same as Emergency Protocol. But this law does not need to be renewed. Great news!!!!
Dawes says...
The 40% was on income tax, not property.
On Downgrades are a blessing in disguise
Posted 17 November 2021, 9:48 a.m. Suggest removal
Dawes says...
What the coalition should do is buy out Emera and then run the company as a not for profit. If it makes a loss they can pay the difference. That way they can make sure prices don't increase
On Coalition to stop Grand Bahama power price increase
Posted 17 November 2021, 9:47 a.m. Suggest removal
Dawes says...
We do tax property, at least in Nassau. I do agree they should extend this to family islands. On Income tax we would need to be sure that we would raise enough to fund what is needed. So lets say anything over $20,000 is 10%, and then it increases as you go up, say 40% over $100,000. At a guess most people who may earn over $100,000 are the offshore banks, so they are gone. Yes the second home owners will still stay here, but they wouldn't be paying income tax anyway. So basically it will be up to those middle class Bahamians to pay. Will be interesting to see if they are able to or not. There are many other ways to raise revenue which would be easier, one no real property exemption, 2 RPT in Family islands, 3 increase yachting fees by a lot. Those 3 alone should bring in 10's of millions and won't decimate a whole industry.
On Downgrades are a blessing in disguise
Posted 16 November 2021, 9:04 a.m. Suggest removal
Dawes says...
And yet nothing will happen. I feel sorry for the auditor General, for years and on both parties he has reported wrongdoings, and yet nothing happens.
On AUDIT LIFTS LID ON MINISTRY FAILINGS: ‘Many failures’ identified at Sports ministry Minnis ordered be ‘locked down’
Posted 16 November 2021, 8:49 a.m. Suggest removal
Dawes says...
How hard is it to do. They already mass message people, so just turn that into the alert. Thats better then those stupid electronic billboards they have up
On BTC 'committed to working with government' on Marco's Alert system
Posted 15 November 2021, 11:59 a.m. Suggest removal
Dawes says...
Wonder if the church realizes that it is for reasons such as this (and some others) that the next generation have no inkling to go to church. Maybe once their numbers dwindle even more we can truly have a separation of church and state.
On EDITORIAL: Marital rape issue is a stain on our reputation
Posted 15 November 2021, 11:50 a.m. Suggest removal
Dawes says...
We tax business on their revenue, which means even if they make a loss they pay taxes. If we taxed on profit government would get $0 for the last year from most companies. But Corporation tax is much better then business license. On income tax i hope they produce a study first to see what rate would work, as if they go in at 20% over $50,000 then you can say buy to many jobs.
On Bahamas downgraded by Standard & Poor's
Posted 15 November 2021, 9:04 a.m. Suggest removal
Dawes says...
Why is this being discussed in parliament? Yes condolences can be offered but the rest should be left up to the police and then the courts. Once that is done then it can be discussed.
On Minister says he has seen nothing regarding Bella Walker’s death to suggest sexual abuse
Posted 12 November 2021, 8:53 a.m. Suggest removal
Dawes says...
Umm how do you think those hotels will pay for the test. They don't have a magic money tree. And yes of course all that money saved would not be given out in salary or bonus but some of it will
On Change law so staff pay for COVID tests
Posted 12 November 2021, 8:50 a.m. Suggest removal
Dawes says...
Yay Emergency Protocol that needed to be renewed every few months is gone. To be replaced by a law which apart from Curfew is the same as Emergency Protocol. But this law does not need to be renewed. Great news!!!!
On Bill passed to end Emergency Orders
Posted 11 November 2021, 8:56 a.m. Suggest removal