If Davis lowers VAT to 10%, he will be able to claim his own Moody's downgrade, and they won't wait until the next election!
VAT is not only the largest source of income for the government, but it is also the most reliable as it is collected by the private sector. Davis knows this very well, since VAT was implemented by the PLP. The new PM must already be regretting his campaign promise.
Proguing says...
The FNM needs a new leader. The elections were clear on this point.
On Hubert Minnis sworn in as Leader of Opposition
Posted 27 September 2021, 11:18 a.m. Suggest removal
Proguing says...
This is why we must shrink the public sector, not increase it.
On ‘ELECTION UPGRADES’ DELAYED FOR CHECKS: Govt says it’s stepping in to confirm last-minute promotions above board
Posted 27 September 2021, 8:40 a.m. Suggest removal
Proguing says...
Looks like they think the new government will let them in
On 151 Haitian migrants apprehended on Thursday night
Posted 26 September 2021, 8:50 a.m. Suggest removal
Proguing says...
Yes we should follow Cayman as a model
On $10.4bn national debt bigger than economy
Posted 24 September 2021, 8:56 a.m. Suggest removal
Proguing says...
hmmm so they want to spend more money and cut taxes, looks like another debt downgrade is right around the corner...
On ‘FUNDS NEEDED FOR COVID FIGHT’: Darville warns that health system needs money in a hurry
Posted 24 September 2021, 8:52 a.m. Suggest removal
Proguing says...
yes indeed, not a very optimistic start...
On Small step forward as five women in Cabinet
Posted 23 September 2021, 1:33 p.m. Suggest removal
Proguing says...
Looks like Davis is still campaigning…
On Just dismal - Brave’s verdict after PMH tour
Posted 22 September 2021, 1:24 p.m. Suggest removal
Proguing says...
Bring back Loretta, at least she saw the writing on the wall
On MINNIS: I’LL STEP ASIDE AS LEADER – Former PM tells FNM chiefs he’ll give way to members’ new choice
Posted 22 September 2021, 1:22 p.m. Suggest removal
Proguing says...
I would not be surprised, but the re-introducing VAT on breadbasket items would hurt the poor most.
On Moody’s throws wrench into PLP’s VAT cut plan
Posted 21 September 2021, 4:05 p.m. Suggest removal
Proguing says...
If Davis lowers VAT to 10%, he will be able to claim his own Moody's downgrade, and they won't wait until the next election!
VAT is not only the largest source of income for the government, but it is also the most reliable as it is collected by the private sector. Davis knows this very well, since VAT was implemented by the PLP. The new PM must already be regretting his campaign promise.
On Moody’s throws wrench into PLP’s VAT cut plan
Posted 21 September 2021, 3:08 p.m. Suggest removal