The problems with the Bahamas are, low compliance with tax collection, corruption, and one of the highest rate of civil servants to population in the world. This is what needs to be fixed.
Exactly this is protectionism at its worse. The Bahamas is the only financial centre in the world where foreign attorneys are not allowed to practice. Only in the Bahamas!
Please explain the rationale for hiring an expat instead of a Bahamian when work permit fees can run as high as $15,000 per year, you have to pay their plane tickets and other perks?
What about the VAT reduction "election ploy" with the removal of the exemptions? They all do it, then they accuses each others of doing it etc. Poor Bahamas....
Safe all over the world? See what happened to the largest lake in South America due to oil:
How Oil Killed Lake Maracaibo The largest lake in South America has suffered the consequences of both the rise and fall of the Venezuelan oil industry: explosive production and dangerous decay.
Proguing says...
Pure socialist BS as usual. Caymans have less taxes than the Bahamas only 38 million deficit in 2020 and a better standard of living.
https://www.caymancompass.com/2021/03/1…
The problems with the Bahamas are, low compliance with tax collection, corruption, and one of the highest rate of civil servants to population in the world. This is what needs to be fixed.
On Downgrades are a blessing in disguise
Posted 16 November 2021, 5:42 p.m. Suggest removal
Proguing says...
these countries don't borrow at 9%
On Minister says Bahamians ‘alarmed’ by $10bn debt
Posted 10 November 2021, 6:09 p.m. Suggest removal
Proguing says...
This is insulting, there are many people who find it too difficult to bank online like the elderly...
On Bank fee moans? It’s your ‘own damn fault’
Posted 10 November 2021, 5:59 p.m. Suggest removal
Proguing says...
Exactly this is protectionism at its worse. The Bahamas is the only financial centre in the world where foreign attorneys are not allowed to practice. Only in the Bahamas!
On AG seeks axe for African lawyers
Posted 9 November 2021, 3:23 p.m. Suggest removal
Proguing says...
Please explain the rationale for hiring an expat instead of a Bahamian when work permit fees can run as high as $15,000 per year, you have to pay their plane tickets and other perks?
On AG seeks axe for African lawyers
Posted 9 November 2021, 3:18 p.m. Suggest removal
Proguing says...
What about the VAT reduction "election ploy" with the removal of the exemptions? They all do it, then they accuses each others of doing it etc. Poor Bahamas....
On PROSPECT RIDGE ‘ELECTION PLOY’: Housing Minister casts doubt on scheme for young professionals
Posted 5 November 2021, 10:49 a.m. Suggest removal
Proguing says...
Exactly, and if we were serious about protecting our environment we would also ban cruise ships and oil drilling...
On ‘WE’RE VICTIM OF YOUR MISTAKES’: Brave tells climate summit Bahamas needs action - now
Posted 3 November 2021, 8:08 p.m. Suggest removal
Proguing says...
Safe all over the world? See what happened to the largest lake in South America due to oil:
How Oil Killed Lake Maracaibo
The largest lake in South America has suffered the consequences of both the rise and fall of the Venezuelan oil industry: explosive production and dangerous decay.
https://www.caracaschronicles.com/2019/…
On Oil explorer shouldn’t be ‘blip on the radar’
Posted 3 November 2021, 7:42 p.m. Suggest removal
Proguing says...
Yep especially those that rely on breadbasket items, right?
On ‘WE’RE VICTIM OF YOUR MISTAKES’: Brave tells climate summit Bahamas needs action - now
Posted 3 November 2021, 3:52 p.m. Suggest removal
Proguing says...
Yep including breadbasket in VAT, facilitates the life of the wealthy merchant to the detriment of the poor...
On Insurers warn that VAT reversal ‘totally asinine’
Posted 2 November 2021, 1:16 p.m. Suggest removal