Comment history

Economist says...

Also, they pay capital gains on their investments because they are paid at the source.

Economist says...

There areas many Bahamians living behind gates in Nassau and Freeport as there are foreigners.
Also most of those houses are worth more than 250,000 so they pay real property tax were the poor don't.
They pay hefty Customs Duty on their cars (no regression there).
The foreigner employ Bahamian Accountants and lawyers, lots of VAT 7.5% on $10,000 worth of professional services ($750 +++).
The rich foreigners pay their real property taxes. I am aware of bills up to $50,000 for many big properties. Plus all the NIB they pay for the hundreds of maids, gardners. Not to mention all the service contracts.

Economist says...

Tal, anyone who lives behind those gates are already paying the bulk of what goes into the Treasury.

Economist says...

The Act makes no sense. Signing up for Russian Roulette makes no sense either.

Economist says...

Good points Mr. Turnquest. The Act, as it stands does not encourage investment. Indeed, it discourages investment.

Economist says...

Must have been busy on a Chinese fishing deal.

Economist says...

If she was so confident, why did she leave the purported culprits in place?

Suspend them and have the investigation done. That is how it is done properly. Then when all the facts are reveled she can get on her high horse.

Right now she is on a very old donkey.

Economist says...

Agreed, it is not rocket science.

Ah, the wonders of a grade 'D' education. He maybe needed an 'E' for Easy.

On Copper thieves blamed for fire

Posted 31 March 2017, 10:28 a.m. Suggest removal

Economist says...

Yes, the wonders of protectionist Bahamas Immigration policy!

Economist says...

Didn't the Unions run Workers Bank? What happened to that? More importantly why was it not successful?

Is it that the unions could not run a bank? Is it that they don't know how to run a business?

Why could they not run a successful bank and give their employees all the time off and benefits that they say that business should.

They should put their money where their mouth is and set an example and show business how it can and should be done............emmmm......let's see the big mouth union leaders do that......bet they can't.