Trump wants a vaccine out asap, so that Americans can travel again to destinations like the Bahamas. So according to your logic Americans should not take the vaccine??? Every day that goes by with Americans being unable to travel to this country, takes us further down the hole. Not what I wish to see.
The financial crisis (and this is not a Bahamas only syndrome) is due to successive governments spending much more than they collected. It has nothing to do with whatever is a “regressive tax policy”.
There were two pillars of the offshore industry in the Bahamas. Banking secrecy and zero taxes. The first pillar is gone with the automatic exchange of information and the second one will probably go the same way, due to the constant attacks on this country. But who will want to incorporate an IBC here when corporate taxes will be levied? Oh, and by the way “high tax” jurisdictions usually started with “low taxes”, just like with VAT. As for the blacklistings they will continue, as long as we have an offshore sector and rich foreigners relocating here. Therefore, to capitulate after each backlisting is to incite more of the same, as we have seen over time.
Proguing says...
Trump wants a vaccine out asap, so that Americans can travel again to destinations like the Bahamas. So according to your logic Americans should not take the vaccine??? Every day that goes by with Americans being unable to travel to this country, takes us further down the hole. Not what I wish to see.
On Be opposite of Trump
Posted 25 September 2020, 10:28 a.m. Suggest removal
Proguing says...
The financial crisis (and this is not a Bahamas only syndrome) is due to successive governments spending much more than they collected. It has nothing to do with whatever is a “regressive tax policy”.
On Madness of extended visa
Posted 24 September 2020, 4:29 p.m. Suggest removal
Proguing says...
Not sure this is the best message to give to potential foreign investors...
On Another work permit warning
Posted 24 September 2020, 4:14 p.m. Suggest removal
Proguing says...
There were two pillars of the offshore industry in the Bahamas. Banking secrecy and zero taxes. The first pillar is gone with the automatic exchange of information and the second one will probably go the same way, due to the constant attacks on this country. But who will want to incorporate an IBC here when corporate taxes will be levied? Oh, and by the way “high tax” jurisdictions usually started with “low taxes”, just like with VAT. As for the blacklistings they will continue, as long as we have an offshore sector and rich foreigners relocating here. Therefore, to capitulate after each backlisting is to incite more of the same, as we have seen over time.
On Financial services needs 'swashbuckling' reforms
Posted 22 September 2020, 3:06 p.m. Suggest removal
Proguing says...
What about the government owned Grand Lucayan? Any plans of re-opening?
On 'Don't get hung up on October hotel return'
Posted 21 September 2020, 4:29 p.m. Suggest removal
Proguing says...
Right know the Bahamas is key for the free parking of their ships at the expense of our seabed
On Bahamas is still key in Carnival's operations
Posted 21 September 2020, 4:27 p.m. Suggest removal
Proguing says...
Sad reality of what was a booming island, just over a year ago
On DIANE PHILLIPS: Abaconians' anger is raging beneath the surface - we need to move now to make sure it doesn't explode
Posted 21 September 2020, 2:28 p.m. Suggest removal
Proguing says...
How about parking those cruise ships destroying our sea bed in Nassau harbour?
On Cruise chief: 2021 berth bookings up over pre-COVID
Posted 21 September 2020, 2:16 p.m. Suggest removal
Proguing says...
If you go to the gym instead of lying on the couch, won't your body be better prepared to fight Covid 19?
On ‘Industry is on brink’ warns gym owner
Posted 17 September 2020, 11:11 a.m. Suggest removal
Proguing says...
Are the $9.846m included in the budget?
On Miller: Gov't, BOB 'acted in bad faith'
Posted 17 September 2020, 10:27 a.m. Suggest removal