Ok so lets make a list of who will be wiped out;

1. V Alfred Gray?

While loading the media with smoke and mirrors, the government has silently moved the filing and payment date up for registered businesses by a week. That means despite the large number of work involved in gathering files and sales receipts and getting the funds on hand to pay VAT to the government, businesses now have 21 days to complete this work rather than 28. This may mean that some businesses will have to hire extra staff to complete the work on time, or they will chance missing the deadline and be subject to hefty fines and penalties (Is this what the government is really after, to get more revenue from fines and penalties?). There is something desperately wrong with this government (financially) than has not yet hit the public. First they are not saying what is being with the VAT money, now they are in a desperate demand to get it into their hands even sooner.

While loading the media with smoke and mirrors, the government has silently moved the filing and payment date up for registered businesses by a week. That means despite the large number of work involved in gathering files and sales receipts and getting the funds on hand to pay VAT to the government, businesses now have 21 days to complete this work rather than 28. This may mean that some businesses will have to hire extra staff to complete the work on time, or they will chance missing the deadline and be subject to hefty fines and penalties (Is this what the government is really after, to get more revenue from fines and penalties?). There is something desperately wrong with this government (financially) than has not yet hit the public. First they are not saying what is being with the VAT money, now they are in a desperate demand to get it into their hands even sooner.

This is what happens when a six year old can repeat every rap song that comes on the radio,without missing a beat. Songs about wild sex and drugs, and gangs and jail and sleeping with your best friend's girl, but they don't know two lines of the Lord's Prayer:
.

> "The Lord's Prayer (traditional)
>
> Our Father, which art in heaven,
> Hallowed be thy Name. Thy Kingdom
> come. Thy will be done in earth, As
> it is in heaven. Give us this day our
> daily bread. And forgive us our
> trespasses, As we forgive them that
> trespass against us. And lead us not
> into temptation, But deliver us from
> evil. For thine is the kingdom, The
> power, and the glory, For ever and
> ever Amen

Hosea 4:6
"My people are destroyed for lack of knowledge; because you have rejected knowledge, I reject you from being a priest to me. And since you have forgotten the law of your God, I also will forget your children."

Read more: http://www.lords-prayer-words.com/lord_…

You must wonder if this is not a major game of smoke and mirrors the government is playing to deflect attention form other major problems in the country. How is it that this government can reject, deny, query and even rewrite reports by the auditor general citing major Flaws in its systems of accounting and accountability and many millions of dollars missing from a number of government entities yet still make is what is no less than threats to taxpayers. This government collected close to a billion in VAT almost double what it anticipated, yet no account of how and where the money was spent. So the major requirement should be is that the government intends to tighten its grip on taxpayers and squeeze more revenue from them, then the government should be more transparent, accountable and responsible with the handling of public funds.

The fact is that we have a tripartite economic society; There is the foreign investor, who is legally being excluded from paying the same taxes that local Bahamians, and local business pay. Then there is the governing party and its croonies and faithful followers, who are being politically excluded from paying taxes and/or are getting so many kickbacks or government contracts or have so many 'other' unfettered sources of revenue because they are in favor with the government, they can pay the remainder of what taxes they are required to pay without an issue. Then there is the local, ordinary hard working Bahamian, who because the other two sectors and not paying their fair share of taxes and/or because the government is inefficient, unaccountable, showing favors to the selected, must pay more than their fair share of taxes. And because, by nature, they are, for the most part, law abiding citizens and not generally a rebellious set,they pay their taxes when even a small amount or pressure is put on them. Even though the tax burden is more than they can afford to bear.

So is then a shameless witch hunt to track down and overtax non PLP supporters? Then watch business close down like falling dominoes because many businesses are already not making a profit, some for years. They (government) will essentially be digging a ditch for themselves because much of the revenue they realize now will dry up.

Consumers should therefore brace themselves for price increases as affected businesses raise their prices to account for increases in property taxes, business licence fees and those who were not paying the right amounts of customs duties. The businesses that were compliant will benefit because their prices will not have to be increased. But there should be concern for governments increasing appetite for funds and yet its failure to pay down the national debt.

This gang warfare that is going on will eventually result in family members killing one another for the sake of gangs. It is out of control.

Is crime out of control yet?