Comment history

ExposedU2C says...

This is but the tip of the iceberg because, as a constitutional democracy, I do not recollect a national referendum ever having been held whereby the Bahamian people approved an amendment to the Constitution of the Commonwealth of The Bahamas to empower the government to impose income tax of any kind on our people. Yet the government has been using the Business License Act as a backdoor means of taxing businesses owned by Bahamians based on their revenue which is tantamount to an unconstitutional taxed based on income.

Also our government now plans on using the OECD/EU economic substance reporting platform built into CESRA, 2023, as a spring board for eventually imposing direct income tax on all Bahamians and their businesses at a minimum rate of 15%. This too would be unconstitutional without an amendment to our Constitution duly approved by the Bahamian people in a national referendum.

Our Constitution only empowers the government to fund itself by way of customs duties, license fees, stamp taxes, excise taxes, real property tax, and similar funding mechanisms like VAT. Nowhere in our Constitution does it state that the government is empowered by the people to impose on them or their businesses any kind of direct or indirect income tax based on the income, gains, or profits they derive from their own personal work effort or business activities.

The ever increasing funding demanded from the private sector by our corrupt and incompetent politicians, and their local and foreign cronies engaged in much waste and fraud associated with rampant crony capitalism, only serves to fuel, nurture and grow (exacerbate) the already grossly over-bloated size of our very costly government, thereby creating an unsustainable social welfare state that is increasingly vulnerable to quick collapse under the weight of enormous continuing deficits and a national debt that cannot be repaid. This would leave us fitting the very definition of what President Trump calls a "shiit-hole" nation.

ExposedU2C says...

To the best of my knowledge he has never laid a hand on any of my grandsons. Keep yours safe.

ExposedU2C says...

But that seems to be where all parties to the dispute are more likely to get a fairer hearing of all the issues involved and an outcome based on the proper application of the appropriate fundamental legal principles to the facts and evidence heard in the case.

Keep in mind the worst kind of corruption appears to be rampant everywhere in our government today, and sadly our judicial system is not exempt from that harsh reality. We have brought this upon ourselves by allowing our society to become infested with too many crooked lawyers, some of whom eventually become compromised judges.

ExposedU2C says...

Yup, right you are!

ExposedU2C says...

> .........following public discussion about the timing of her reassignment.

Any one know what this is about? A friend of mine said, "Well that cat fight didn't last too long", but she failed to elaborate.

ExposedU2C says...

Bingo!

ExposedU2C says...

But it's never a waste of money to the crony PLP muck-a-muck who's receiving the money from corrupt PM Davis.

ExposedU2C says...

Add to that the fact that the entire Economics Department of UoB is heavily dependent on ChiCom sourced financial grants.

ExposedU2C says...

> The attack occurred around 6.30pm on February 7, 2025, as the women were swimming back to their boat.

When it comes to the chance of experiencing a shark attack, dawn and dusk are the most dangerous times of the day to be swimming in the sea anywhere in the Northwestern Bahamas.

On Victims recount shark attack on US morning show

Posted 12 February 2025, 12:33 p.m. Suggest removal

ExposedU2C says...

It's not just the recent ridiculous amendment to the VAT Act, but also the fact that Bahamians and their businesses were not carved out of and made exempt from the onerous economic substance form filling that their registered agents must do annually under CESRA, 2023, even though most of these companies only do business in the Bahamas, and in many instances only hold real property in The Bahamas for their Bahamian owner(s).

Our doofus AG and the other incompetent douchebags who hold leadership positions with departments and agencies that fall under the Ministry of Finance, like Inland Revenue, have little if any common sense, and they behave as if they have a mandate to make life as difficult as possible for honest and hard working Bahamians.

These imbeciles wrongfully assume we are all crooks and tax dodgers in order to justify their own laziness in adopting a draconian "one-size-fits-all" policy to everything because of their immature power crazed mentality that drives their insatiable appetite for more and more form filling and paperwork, no matter how outrageously costly and unfair the burden may be for Bahamians, their businesses, and their service providers. The cost of doing any kind of business in the Bahamas is literally putting legitimate and hard working Bahamians out of business and denying young entrepreneurs the opportunity to establish new "start-up" businesses.