Increasing taxes in the middle of a recession is just about the worst decision one can make. This will kill any potential recovery. Any first-year economics student knows that.
The problem of the Bahamas is not "regressive taxation", but government overspending. For example, in OECD countries, the average public sector employment rate is 21.3%. In the Bahamas it’s 33.7%.
Proguing says...
Increasing taxes in the middle of a recession is just about the worst decision one can make. This will kill any potential recovery. Any first-year economics student knows that.
The problem of the Bahamas is not "regressive taxation", but government overspending. For example, in OECD countries, the average public sector employment rate is 21.3%. In the Bahamas it’s 33.7%.
https://en.wikipedia.org/wiki/List_of_c…
On Govt told - be tough on taxes
Posted 14 May 2021, 2:31 p.m. Suggest removal
Proguing says...
Please reserved one dose for Tribanon ;)
On China answer on vaccine supply?
Posted 14 May 2021, 8:54 a.m. Suggest removal
Proguing says...
How much money do we send to the UN on an annual basis?
On Elsworth Johnson blasts United Nations’ attack on shanty town demolition strategy
Posted 10 May 2021, 11:17 a.m. Suggest removal
Proguing says...
Stop worrying about the well-being of criminals, we have other priorities in this country.
On $10m message to stop injustice
Posted 7 May 2021, 10:44 a.m. Suggest removal
Proguing says...
Good to see Bahamians taking this country in the right direction, well done Mr. Boyer-Cartwrigh!
On Bahamian aviation no longer ‘a poor orphan’
Posted 6 May 2021, 3:56 p.m. Suggest removal
Proguing says...
Well the FNM did it, not the PLP
On Bahamian aviation no longer ‘a poor orphan’
Posted 6 May 2021, 3:54 p.m. Suggest removal
Proguing says...
Has the government learned the lesson?
On Bank chief hopes Bahamians will have ‘learned their lesson’
Posted 5 May 2021, 3:36 p.m. Suggest removal
Proguing says...
So what's your point? Criminals who are still alive will not be voting for the FNM, because they fear for their life?
On FIRST SIGNAL ELECTION ON? RBDF given deadline to register personnel for poll
Posted 4 May 2021, 11:44 a.m. Suggest removal
Proguing says...
If the squatter occupied the abandoned house for long enough, he can claim ownership over it...
On INSIGHT: Is anyone listening – why are we letting millions slip through our fingers?
Posted 4 May 2021, 8:23 a.m. Suggest removal
Proguing says...
Sorry, but we can't have an election in the middle of a pandemic, unless you want the virus to get out of control
On FIRST SIGNAL ELECTION ON? RBDF given deadline to register personnel for poll
Posted 4 May 2021, 8:13 a.m. Suggest removal