Comment history

Economist says...

Having a qualification and being Bahamian is not enough. You also have to be willing to actually work.
Just because you are a Bahamian does not mean that you get the job and then don't perform.
To many Bahamians have an attitude that they are entitled to a job period.

Economist says...

The FNM Manifesto consists of a bunch of promises that the FNM can't keep. It is a ridiculous and useless piece of paper.
Anyone whose average is above Grade "D" can see straight through it and the grade "d's" can't read or understand it anyway.
The PLP has the same garbage.
This country is in a very bad state.

Economist says...

He must have gone to a special school for double talk. Most likely the same one the current PM went to.
Lots of talk but say nothing.

Lord, please send this Country a real political leader for we are truly desperate.

Economist says...

Read "Letter of Intent" that is not even Contract. A LOI is very iffy. It is like the PM saying that Freeport was getting an expansion at the Container Port in 2014.......still waiitng.

Economist says...

Interesting insight. Well written.

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.