No one hates taxes and big government more than me but the reality is that we are under taxed in the Bahamas. We collect around 20% of GDP in taxes, lower than most of our Caribbean counterparts and certainly lower than most developed nations. Problem is that we want first world services (welfare and benefits) but only pay third world taxes. Yes taxes need to be increased but only in a progressive way on the wealthiest in our society. Easiest way is to drastically increase and finally enforce property taxes on very high end real estate. We also should immediately introduce a low corporate tax that is based on profits and not revenue, with highest tax levels on our most profitable companies. Finally, we need to make serious decisions regarding heavily subsidized government corporations. Bahamasair and ZNS along with other entities need to be privatized to reduce the constant drain on taxpayers.

Followed by a feeling of a volcano erupting through a 3/4” pipe.

Excellent idea! Please forward to the competent authority so it can be implemented as as soon as possible.

Amen. Tighten the vise on all these selfish Bahamians that want to avoid taking the vaccine. Soon it will be impossible to function in society without being vaccinated. Hope they enjoy the couch.

They have yet to pay the fees they already owe the Bahamian people. In no way should this license be renewed. Any Bahamian associated with this company, particularly James Smith who sits on this board should hang their head in shame.

Save yourself and get jooked with the vaccine while you still have breath in your body. Way better than giving up cheeseburgers.

The persons in GB I have spoken with enjoy their shopping experience at AML, everyone’s experience is different but record sales show many are satisfied. I have no idea about the price of water, I drink government water and do not buy designer water.

First of all BISX index is down 6.46% for YTD, not 8.8%. Also this metric is extremely misleading as it is based on market capitalization and therefore very sensitive to the larger companies. It is largely negative because of first Caribbean and other banks which have relatively large market capitalizations and have taken a huge hit to net income because of massive provisioning for bad loans. In fact of the 20 traded companies just 7 are negative for the year, 13 are either flat or positive. Smaller companies have been doing well, especially so considering we have been in a pandemic for the last year, two of which are up more than 20% already for the year and that is not counting dividends! Deposit rates are not modest as you suggest they are minuscule and in many cases non existent with many savings and checking accounts drawing less than 1% return. This pales in comparison to many companies on BISX which pay in excess of 3% in dividend yield. As for waiting to invest remember the old adage buy low and sell high. Now is the time to buy, before the economy recovers and share price corresponding increase as well. There is an economic boom coming by the end of year with the recession of the pandemic but few realize it, savvy investors however, see it clearly coming.

You would rather shop at SuperValue and their dirty stores. You would rather make one man, Rupert roberts rich rather than over the 1000 Bahamian shareholders of AML. He greedily refuses to offer shares to the Bahamian public.

So many uninformed commentators on this website I do not know where to begin. AML is a publically traded company with over 1000 Bahamian shareholders of whom I am one. You want to share in the wealth buy shares Monday morning when Bisx opens at 10 a.m. This company is a fantastic corporate and community citizen. Sales are at all time highs and the stock price is up 20.48% in the first 3 1/2 months of this year. Despite this the stock is undervalued, especially relative to other BISX companies and pays a dividend yield of 3.8%. We look forward to this expansion and a further increase in dividends and share price by year’s end.