Don't worry, Biden has already decided for us a 21% corporate tax, which will be followed by an income tax as many companies will flee this jurisdiction. The only thing that won't change are big budget deficits.
Yep you got that one right, I remember when VAT was introduced we were told that it would solve all of our problems, starting the debt. They will now tell us the same story with the corporate tax to please Biden.
Nice quote too: “What the US has put on the table … [is saying] we want the rest of the world to follow, we kill tax havens." meaning kill the Bahamas. At least they are honest about it now.
"The Biden administration’s move is a marked change from the stance taken by its Trump predecessor, which was more focused on allowing sovereign nations to set their own tax rates"
Exactly, and to think that some Bahamians supported Biden the bully, who wants to decide what taxes the Bahamas should have. This type of interference is a violation of international law and the UN Charter. When will the Bahamas take a stand?
Proguing says...
Didn’t we vote against legalizing gambling?
On Island Luck co-founder strikes US plea bargain
Posted 19 April 2021, 8:24 p.m. Suggest removal
Proguing says...
Don't worry, Biden has already decided for us a 21% corporate tax, which will be followed by an income tax as many companies will flee this jurisdiction. The only thing that won't change are big budget deficits.
On Bahamas and Caribbean CEOs fear tax increases
Posted 19 April 2021, 1:42 p.m. Suggest removal
Proguing says...
Yeah right it's the police doing the killings in this country. Why are you always on the criminals side?
On Agony of murder victims' families
Posted 17 April 2021, 6:53 a.m. Suggest removal
Proguing says...
The answer to the question is: if you don't want to die, don't get involved in crime
On Agony of murder victims' families
Posted 17 April 2021, 6:52 a.m. Suggest removal
Proguing says...
Where can I get one?
On EXECUTED: Six dead in horrific gangland ambush
Posted 16 April 2021, 1:36 p.m. Suggest removal
Proguing says...
Fake Cuban cigars
On ‘Double edged sword’
Posted 16 April 2021, 7:56 a.m. Suggest removal
Proguing says...
Is Dr Sands trying to disrupt the PM's election planning?
On Sands: We have a big problem
Posted 16 April 2021, 7:43 a.m. Suggest removal
Proguing says...
Yep you got that one right, I remember when VAT was introduced we were told that it would solve all of our problems, starting the debt. They will now tell us the same story with the corporate tax to please Biden.
On Seize ‘bull by horns’ to beat corporate tax push
Posted 15 April 2021, 1:41 p.m. Suggest removal
Proguing says...
Nice quote too: “What the US has put on the table … [is saying] we want the rest of the world to follow, we kill tax havens." meaning kill the Bahamas. At least they are honest about it now.
On Seize ‘bull by horns’ to beat corporate tax push
Posted 15 April 2021, 10:43 a.m. Suggest removal
Proguing says...
"The Biden administration’s move is a marked change from the stance taken by its Trump predecessor, which was more focused on allowing sovereign nations to set their own tax rates"
Exactly, and to think that some Bahamians supported Biden the bully, who wants to decide what taxes the Bahamas should have. This type of interference is a violation of international law and the UN Charter. When will the Bahamas take a stand?
On Seize ‘bull by horns’ to beat corporate tax push
Posted 15 April 2021, 10:06 a.m. Suggest removal