So white folks doing robberies now

So they want to force you to purchase insurance you cannot afford. And who benefits? The question for discussion is how many businesses and homeowners f who were insured got favorable settlement from their insurance companies.

Can they at least stick to the same story. The Minister of Finance says the economy continues to grow at 1 1/2 percent and would have been above 2 percent had it not been for Dorian.

Bahamians love to live and they love to hate. And this may not be good for businesses.

Can you really measure these entities only in terms of how much they cost the Bahamian tax payer in cash. What about the services they provide and the spinoff benefits from these companies? Bahamasair, for example: The small segmented market it serves makes it difficult for any company to come in and procide adequate services, without charging exhorbitant fees. And the presence of the national flag carrier at major airports is South Florida and other destinations is advertising alone for the copuntry that cannot be cheaply bought. Bahamas may need to be converted to a PPP (Public Private Partnership) with an evvective decision making board of directors but government should not exit the company at this time or shut it down. As for other State Operated Enterprises, like Water and Sewerage, it was never a high pressued intention for them to turn a profit, but never the intention for them to be a multi-million $ drain on the tax payer. They provided jobs for many who could not find employment in the private sector and yes, theywere a political device to be manipulated by politicians. So now maybe the time has come to retate their unwritten mission statements and restructure their organiaztion. There is the example of LPIA that is the blue eyed beauty of the government, then there is BTC, which , though privatized seems to be on a downward skid. It cannot seem to be able to fit itself in a competitive market and its profits tends to be dwindling. BTC seems to have been more productive and more competitive when it was in competition with itself.

In defense of The Tribune, the reporter for this story did indicate that the majority of vat increase came from property sales where ‘stamp tax’ was renamed ‘vat’

This here is a clear example that this government intends to be deceptive about the country’s finances. Marlon Johnson and others need to be jailed for financial treason

Election soon cometh

Government has yet to explain a number of deaths in the country stemming from a mysterious bflu.. with symptoms similar to the corona virus. Occurring since September 2019

This is the most crooked most dishonest, deceiving crook in the entire FNM government. If there was no decrease in consumer spending, VAT revenues exclusive of the $86 million that was realized from stamp tax that was renamed VAT should have been $614 Million and not $429 million ($515 M - $86 mil in stamp tax revenue). So tax revenue actually fell for the same period over the previous year. And while Marvelous Marvin is touting that the economy did not go into recession as predicted, he should remember several things. ONE; there was extra activity in the economy due to recovery efforts in Grand Bahama and Abaco do to recovery efforts due to Dorian. And there was also spinoff spending in New Providence and Andros and Eleuthera aslo due to hurricane recovery efforts. Recessions don't occur overnight but once they hit they can be deep and take years to recover from. Also, consumers may have already cut back on their discretionary spending. But they will still have to buy food, pay utility bills and other essential services. Once business can no longer afford these services, they will lay off staff or close shop. And you can see this is happenng now.