Comment history

Proguing says...

Trump or another Republican will be President in four years and all this pressure will disappear. There is no way that we are going to let Biden impose his new tax regime to this country, otherwise might as well cancel Independence Day.

Proguing says...

These real estate agents and attorneys need to start reading international news. Biden who wants to impose a new tax regime on the Bahamas has now proposed a retroactive increase on the capital gains tax:

https://www.marketwatch.com/story/biden…

So at least you could say that our government is not as reckless as the Biden government, since we don't have any retroactive taxes.

The best solution would be for real estate agents to lower their commission from 6% to 4% so that buyers would not be affected. In many countries real estate agents take only 2% and attorney fees are at 1%. So if you want the Bahamas to be competitive, start by reducing your fees. That would also make your argument more credible.

Proguing says...

You will soon be hearing tax, tax, tax...

Proguing says...

Better late than never....

Proguing says...

Breaking news: Ireland says no to the Biden minimum corporate tax.

https://news.yahoo.com/biden-global-tax…

Proguing says...

Yep, apparently we have so much money we can even bail out Canadian companies

Proguing says...

There will never be tax treaties. Assume that we implement the 15% Biden corporate tax. Then we go knock on the door of the French for a tax treaty (more like beg). They will laugh in our face. Stop believing in fairy tales.

Proguing says...

So what if the airports defaults? The airport is taken over by the creditors and continues business, just as it happened with Atlantis and Bahamar. The government cannot afford to bail out every enterprises in this country.

Proguing says...

Hell no ! We don’t want no Biden tax here. This would be the end of the IBCs and all related offshore business. This is the last competitive advantage that we have and we are not going to give it up to please the democrats.

Proguing says...

Why do we do nothing against traffic deaths, but close the country down for virus deaths?