Of course they do. ITs just another idiotic thing our Governments do. Lets make sure only those who don't do what they are meant to are rewarded, whilst the others well tough. Then they will promise to get strict on all delinquent taxpayers form now on but we know they are toothless.
Initially they say they don't provide much, then mention all the constructions , landscaping, etc that they use. Yes they can do more business here, but if it wasn't for them construction would have serious issues, so would landscaping, and all those high end restaurants out west. As one commentator mentioned, if you want them to set up more businesses here, make it easier for them to bring in who they want. Over time more and more Bahamians will rise through the ranks to get those higher jobs. But if they never bring them here initially they never will have the chance.
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.
Dawes says...
And they made a profit of $1.9 billion in 2019 whilst we made a loss
On Royal Caribbean cruise line ‘very optimistic’ about Grand Lucayan bid
Posted 19 November 2021, 10:35 a.m. Suggest removal
Dawes says...
Of course they do. ITs just another idiotic thing our Governments do. Lets make sure only those who don't do what they are meant to are rewarded, whilst the others well tough. Then they will promise to get strict on all delinquent taxpayers form now on but we know they are toothless.
On Amnesty write-offs ‘discourage’ good property taxpayers
Posted 19 November 2021, 10:34 a.m. Suggest removal
Dawes says...
Thats because most left the country due to mismanagement by PLP and FNM
On Kwasi Thompson submits nomination form as FNM leadership candidate
Posted 18 November 2021, 2:59 p.m. Suggest removal
Dawes says...
Initially they say they don't provide much, then mention all the constructions , landscaping, etc that they use. Yes they can do more business here, but if it wasn't for them construction would have serious issues, so would landscaping, and all those high end restaurants out west. As one commentator mentioned, if you want them to set up more businesses here, make it easier for them to bring in who they want. Over time more and more Bahamians will rise through the ranks to get those higher jobs. But if they never bring them here initially they never will have the chance.
On ‘We need more from resident billionaires’
Posted 18 November 2021, 9:30 a.m. Suggest removal
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