Handling Promotions and marketing internally allows the slush funding to continue,
Money movement is getting almost impossible to hide esp. internationally.
TIEA agreements OECD requirements, "transparency" are politically inconvenient also.

I agree, thieves watching thieves thieving!
Top to bottom.
Entitled right?

The greatest Generation, Bahamas included.

Wow, they caught one?
Amazing, Wait 'til VAT kicks in, the Treasury will bleed like a sieve!
Fix this rampant pilfering and fraud and VAT becomes unnecessary.

Problem is, the Alternative to VAT via the IMF is devaluation,
ask Jamaica or Guyana about them apples.
Either VAT, Income, or Devaluation hurts the people, not the Politicians who ran up the debt.
Bahamians really need to wise up and stop settling for a Red or Yellow T-Shirt.

Once Again, Government taxation will cause a resurgence in what economy?
Government taxation stimulates bureaucratic growth and expansion of powers within their own ranks,
to the detriment of the economy,
To the detriment of the people.
At least he acknowledges that VAT has been in play for a long time,
but meanwhile contradicting himself!
crazy.

I do not even know where to start on this tripe!
1) The Prime Minister is not concerned with the potential shock to Firms and the wider economy?
Ludicrous if true, but a collapsed economy will generate less not more revenue!
2)We must do VAT because we voted against the Gaming Referendum?
Utter nonsense, as VAT has been on the table since at least 2005, along with the pressure for Tax regime change.
3)Government Develops the Country?
Chief, I'm sorry but the private sector develops the country, the Government is supposed to facilitate it, not strangle or tax it to death. You are doing the first, and are about to do the second to hasten the first.
4) Alternative?
Stop spending, wasting, and pilfering and promising that which you do not have the money to give!
You are not Moses!
The discussion of VAT started with paying down National debt, moved to covering Recurrent debt, all the while still promising Free health care for all.
Government is like a crack head with a Credit card!
This one particularly.

Only a large, and new manufacturing concern will be eligible for this "rate"
as 500Kva is a pretty big load, and comes with Jobs requirements and Capital investment quota.
Those who have been struggling long term are still screwed.
Also looks like GBPC set the bar just above any existing commercial customers usage.
a 25% discount isn't much either, and certainly not enough to entice FDI.
Kinda like the Government Mortgage relief,
no one qualified!!

It would be folly to think any taxes will be reduced,
This is all about increased revenue, remember?
It is about time for a private sector declared unpaid holiday,
Called shutdown day,
To remind government hacks and idiots who runs the economy!
A citizens existence is not at the leisure or pleasure of government,
Nor is his productivity the governments to appropriate.
the tipping point is nigh at hand.....

The banks have also inserted themselves into the "construction industry with the system of "draw downs" by contractors against lent funds.
Apparently borrowers cannot be trusted to make payments or spend funds on stated purposes, so the banks take over.
A letter is presented and signed, making direct deduction/payment legit,
However in most cases of default,
The employee quits, and the employer notifies the lender and is not liable.
No bank has taken it up to put a lien against a terminTion payoff to date.
Good idea though!

Used to be a life in the civil service was one of humble service and modest income.
Today, it is access to pillage and scheme at will, and live high off the hog!
The public and private sectors have been living beyond their means for decades,
Ever since the "Serve no more" message was embraced along with wild abandon, sorry self determination and independence!
With no credit rating system or credit bureau the banks, credit unions and private lenders including loaned furniture care not if the borrower is under water, their interest rates across the board cover them quite nicely!