How is he plugging the hole of the national debt? As a reminded it was the PLP who introduced VAT to pay back the national debt. How did that work out?
I remember having a discussion with a bigwig of an accounting firm advising the government on the introduction of VAT. He tried to convince me that it was necessary to reduce the national debt….lol
Exactly a poor family spending $1000 of basic foods and rent will now have to pay $100 more. On the other hand a rich Bahamian buying a $100,000 BMW SUV will now pay $2000 less.
In other words the poor will be paying for the lower VAT rate of the rich...
VAT reinstatement on breadbasket items will wipe out the poor who are already suffering from the rise in inflation induced by Biden’s energy transition policy
Proguing says...
How is he plugging the hole of the national debt? As a reminded it was the PLP who introduced VAT to pay back the national debt. How did that work out?
On VAT CUT BY JAN 1: PM Davis in pledge over 10% tax rate
Posted 28 October 2021, 1:34 p.m. Suggest removal
Proguing says...
I remember having a discussion with a bigwig of an accounting firm advising the government on the introduction of VAT. He tried to convince me that it was necessary to reduce the national debt….lol
On VAT CUT BY JAN 1: PM Davis in pledge over 10% tax rate
Posted 28 October 2021, 1:20 p.m. Suggest removal
Proguing says...
Exactly a poor family spending $1000 of basic foods and rent will now have to pay $100 more. On the other hand a rich Bahamian buying a $100,000 BMW SUV will now pay $2000 less.
In other words the poor will be paying for the lower VAT rate of the rich...
On VAT CUT BY JAN 1: PM Davis in pledge over 10% tax rate
Posted 28 October 2021, 1:16 p.m. Suggest removal
Proguing says...
Yep, what he deposits in one pocket he withdraws from another…a real magician
On VAT CUT BY JAN 1: PM Davis in pledge over 10% tax rate
Posted 28 October 2021, 10:34 a.m. Suggest removal
Proguing says...
VAT reinstatement on breadbasket items will wipe out the poor who are already suffering from the rise in inflation induced by Biden’s energy transition policy
On VAT CUT BY JAN 1: PM Davis in pledge over 10% tax rate
Posted 28 October 2021, 9:10 a.m. Suggest removal
Proguing says...
Don't know if he has political bias, but that was funny...
On A COMIC'S VIEW: It’s beginning to look like the same old PLP
Posted 25 October 2021, 11:32 a.m. Suggest removal
Proguing says...
It's politicians who are wiping us out....
On a more serious note maybe we could start by not burning bucker C fuel for our electricity, not allowing oil burning cars on the road etc.
On ‘Next hurricane can wipe us out’
Posted 22 October 2021, 2:27 p.m. Suggest removal
Proguing says...
Colin Powell could have been a real American hero had he not lied at the UN about WMD. This is the only thing he will be remembered for.
https://www.alternet.org/media-library/…
Rumor says he filled the vial with his own urine in a UN toilet...
On STATESIDE: Powell led a distinguished career
Posted 22 October 2021, 1:48 p.m. Suggest removal
Proguing says...
Did you write a letter in support of your friend Nygard?
On Elephants in the room
Posted 20 October 2021, 1:24 p.m. Suggest removal
Proguing says...
When is the VAT going to be cut?
On Too early to blame the new government
Posted 20 October 2021, 11:01 a.m. Suggest removal