Comment history

Proguing says...

Good example of the "ease" of doing business in the Bahamas...

On Follow protocols and Carnival could just open

Posted 15 December 2021, 11:11 a.m. Suggest removal

Proguing says...

Sir, you are correct

On IMF and taxation

Posted 14 December 2021, 7:05 p.m. Suggest removal

Proguing says...

"if they’re going to start adding taxes here I might as well be in the US.” Yep this is what some people don't understand, when there will be 15% corporate tax, there will really be no more reason to be here...

Proguing says...

The UK government has refused to divulge any details about the first ever death of someone infected with the Omicron variant, leading one professor to assert that the person likely died with Omicron and not from it....

Proguing says...

You don't think it has to do with better managing the affairs of their island?

Proguing says...

How does that prevent us from using them as a model?

Proguing says...

Yep this shows the consequences of independence...

Proguing says...

Cayman islands, no VAT, no income tax and almost no debt:

"Moody's expect Cayman's government debt will reach 9% of GDP in 2022"

In other words the problem in the Bahamas is with government spending and tax collection, adding more taxes as we have seen with VAT will just make the matter worse

Proguing says...

Not true, there are many nations with low government debt, Russia, Chile and Switzerland for example

And of course the model country that we should follow:

"Moody's expect Cayman's government debt will reach 9% of GDP in 2022"

https://finance.yahoo.com/news/cayman-i…

Proguing says...

Sir, you are correct, Caymans is the model for the Bahamas to follow, not some countries that are far worst than us...