If Biden forces the whole world to have a 21% tax, yes he is to blame. Your love for the old man is blinding you. Obama did the same with automatic of exchange of information, except that the US was the only country not to participate.
Firstly, don't you think that Bahamians should decide on our tax matters and not Biden? Secondly many foreign companies come here because there are no corporate taxes, just like many banking clients came here for the banking secrecy. We already lost many banks, now whatever is left will leave. Why would someone set-up a company in the Bahamas once it is taxed at 21%? You can say goodbye to all the IBCs. Some people who hold property through companies will soon be shocked to learn they have to pay 21% tax on any gain when they sell. The consequences of this will be catastrophic.
"Janet Yellen, the US treasury secretary, last week pushed for a minimum global corporate tax rate of 21 percent - something that would represent a giant, potentially unsustainable leap for nations such as The Bahamas" and to think that some Bahamians were stupid enough to support Biden. The blacklists are not far off and once again the Bahamas will have to capitulate to these threats and to get rid of the last advantage that we have over our competitors.
I don't think we want to be like Biden's America, with open borders, giving stimulus checks and free Covid tests to illegals immigrants, and soon they will all receive residency papers and be able vote for the Democrats to ensure the flow never stops.
Hummm strange that none of the criminal defenders are asking where were the body cams??? Maybe it's because the Farm residents did not shoot at the police? And where are the Biden supporters? Don't they also want open borders for the Bahamas?
So you support Biden who is for letting illegal immigrants into the USA and giving them residency papers, but you are against it when it's for the Bahamas. You are looking more like a Trumpie everyday!
Proguing says...
If Biden forces the whole world to have a 21% tax, yes he is to blame. Your love for the old man is blinding you. Obama did the same with automatic of exchange of information, except that the US was the only country not to participate.
On ‘Naive to think we’ll stay zero tax nation’
Posted 13 April 2021, 5:33 p.m. Suggest removal
Proguing says...
Firstly, don't you think that Bahamians should decide on our tax matters and not Biden? Secondly many foreign companies come here because there are no corporate taxes, just like many banking clients came here for the banking secrecy. We already lost many banks, now whatever is left will leave. Why would someone set-up a company in the Bahamas once it is taxed at 21%? You can say goodbye to all the IBCs. Some people who hold property through companies will soon be shocked to learn they have to pay 21% tax on any gain when they sell. The consequences of this will be catastrophic.
On ‘Naive to think we’ll stay zero tax nation’
Posted 13 April 2021, 4:28 p.m. Suggest removal
Proguing says...
"Janet Yellen, the US treasury secretary, last week pushed for a minimum global corporate tax rate of 21 percent - something that would represent a giant, potentially unsustainable leap for nations such as The Bahamas" and to think that some Bahamians were stupid enough to support Biden. The blacklists are not far off and once again the Bahamas will have to capitulate to these threats and to get rid of the last advantage that we have over our competitors.
On ‘Naive to think we’ll stay zero tax nation’
Posted 13 April 2021, 3:57 p.m. Suggest removal
Proguing says...
At least it would make sense if he was going to win...
On PM says supporters socially distanced during canvassing of St Anne’s constituency
Posted 13 April 2021, 1:30 p.m. Suggest removal
Proguing says...
What is the percentage outside of their private island and private beach?
On Disney in 75 percent fleet visit promise to The Bahamas
Posted 12 April 2021, 2:49 p.m. Suggest removal
Proguing says...
Of course, thanks to Covid they are able to have cruises to Harbour island. But the people of Harbour island think otherwise.
On Crystal Cruises Exec: ‘Brighter days’ ahead
Posted 12 April 2021, 2:47 p.m. Suggest removal
Proguing says...
We can't build a cruise home port facility and when things are back to normal they all go back to the USA.
On Financier: Cruise port upgrade not enough for home porting
Posted 12 April 2021, 2:44 p.m. Suggest removal
Proguing says...
I don't think we want to be like Biden's America, with open borders, giving stimulus checks and free Covid tests to illegals immigrants, and soon they will all receive residency papers and be able vote for the Democrats to ensure the flow never stops.
On ‘WE’RE HUMAN TOO’: Shanty town residents hit out at authorities on tactics employed in raid
Posted 12 April 2021, 10:27 a.m. Suggest removal
Proguing says...
Hummm strange that none of the criminal defenders are asking where were the body cams??? Maybe it's because the Farm residents did not shoot at the police? And where are the Biden supporters? Don't they also want open borders for the Bahamas?
On ‘WE’RE HUMAN TOO’: Shanty town residents hit out at authorities on tactics employed in raid
Posted 12 April 2021, 10:19 a.m. Suggest removal
Proguing says...
So you support Biden who is for letting illegal immigrants into the USA and giving them residency papers, but you are against it when it's for the Bahamas. You are looking more like a Trumpie everyday!
On EDITORIAL: Nothing adds up in Abaco shanty raid
Posted 10 April 2021, 1:51 p.m. Suggest removal