The Bill will effect all areas of business and not just aviation. A law like this has been needed for decades. Sure Sky may benefit, but so will many other businesses. This bill is good for the consumer.
I am well aware of the Vat at the boarder. If Customs is modernized to first world standards then most of the goods are declared by the business as and when it is imported and both VAT and the Duty, is paid directly to the government. No cash at the boarder and customs only does spot checks to keep people honest. The penalty for trying to cheat the government is more than business is prepared to risk.
Yup, quite a few less customs officers are required.
As the WTO forces lower duty there will be less for Customs to miss. Indeed, there will be less need for all the Customs Officers. Government is now collecting the revenue by the much more efficient method of VAT. Soon we won't need as many customs officers and can save the Government salaries.
The Good Bishop can do something to rectify this. The a part of the cause of our poor economy is the grade 'D' education. Many of our young men are unemployable. A country's economy is only as good as its productivity.
Many educators talk of the lack of support of the students parents. Bishop you can start by ensuring, not just doing a sermon or two, but creating an active and effective program in your church that makes parents be responsible for their children, whether those children come from within or without wedlock.
The church is too happy to pontificate and then sit back and do nothing.
While I am concerned with the fact that her husband is the Governor of the Central Bank and provides for a clear conflict of interest, I am also aware that Dr. Rolle does have a good grasp of the problems facing the Country and NIB.
Economist says...
Wow Tal, 30,000 was half the population of the whole country. Are you sure that number is correct?
On How dare you: Haitians given warning over shanty town interference
Posted 26 July 2018, 5:25 p.m. Suggest removal
Economist says...
Mr. Flowers, why don't we save you all this head ache?
We we create a National Lottery and shut you down.
Then all the profit goes back to "the People" and not you.
Now isn't that a nice idea!
On Gaming industry now at ‘standstill’
Posted 24 July 2018, 7:57 p.m. Suggest removal
Economist says...
The economy would improve if they would put a rush on educated persons applying.
On ‘Work permits need stricter controls’
Posted 23 July 2018, 5:12 p.m. Suggest removal
Economist says...
He and his hand picked team are why there is no new business in Freeport of any consequence.
Legitimate business won't do business with him.
He has been President of the GBPA for 10 years now and has done nothing but hurt the hard working residents of Freeport.
On Port enables better employee feedback
Posted 20 July 2018, 9:08 p.m. Suggest removal
Economist says...
The Bill will effect all areas of business and not just aviation. A law like this has been needed for decades.
Sure Sky may benefit, but so will many other businesses. This bill is good for the consumer.
On Competition Bill 'answers prayers' over Bahamasair
Posted 20 July 2018, 1:26 p.m. Suggest removal
Economist says...
I am well aware of the Vat at the boarder. If Customs is modernized to first world standards then most of the goods are declared by the business as and when it is imported and both VAT and the Duty, is paid directly to the government. No cash at the boarder and customs only does spot checks to keep people honest. The penalty for trying to cheat the government is more than business is prepared to risk.
Yup, quite a few less customs officers are required.
On Govt admits to 50% Customs leakages
Posted 18 July 2018, 8:02 p.m. Suggest removal
Economist says...
As the WTO forces lower duty there will be less for Customs to miss. Indeed, there will be less need for all the Customs Officers. Government is now collecting the revenue by the much more efficient method of VAT.
Soon we won't need as many customs officers and can save the Government salaries.
On Govt admits to 50% Customs leakages
Posted 18 July 2018, 2:28 p.m. Suggest removal
Economist says...
The Good Bishop can do something to rectify this. The a part of the cause of our poor economy is the grade 'D' education. Many of our young men are unemployable. A country's economy is only as good as its productivity.
Many educators talk of the lack of support of the students parents. Bishop you can start by ensuring, not just doing a sermon or two, but creating an active and effective program in your church that makes parents be responsible for their children, whether those children come from within or without wedlock.
The church is too happy to pontificate and then sit back and do nothing.
Now get to work Bishop!
On Bishop: We cannot lift the nation through taxation
Posted 11 July 2018, 5:10 p.m. Suggest removal
Economist says...
While I am concerned with the fact that her husband is the Governor of the Central Bank and provides for a clear conflict of interest, I am also aware that Dr. Rolle does have a good grasp of the problems facing the Country and NIB.
Her input, at NIB, is much needed.
On New director for National Insurance Board
Posted 2 July 2018, 4:05 p.m. Suggest removal
Economist says...
Grew up on the water. Inboard or inboard outboard explode, but never an outboard.
Since he had tourists, I assume he had insurance so this should make for an interesting claim.
On Inferno at sea
Posted 2 July 2018, 1:02 p.m. Suggest removal