Our corrupt politicians are quick to tax Bahamians to death while giving all kinds of tax concessions to the floating behemoth hotels that are destroying our environment without contributing much to our economy. Perhaps many of us should start telling the government we will get around to paying our taxes when we feel like doing so.
A friend of mind who is a qualified actuary and is familiar with NIB's financial situation, believes working Bahamians today between the ages of 45 and 60 will never receive retirement and other benefits from NIB anywhere near what they will have paid into the national insurance fund by the time they retire. He also believes honest and hard working Bahamians today under age 45 will never receive a penny of the contributions they continue to be forced to make to the collapsing NIB Ponzi scheme by government and their employers.
What else is new? This particular corrupt deal is really chicken feed compared to the many other outrageously costly long-term lease deals the current and past governments have cut with entities directly or indirectly owned or controlled by government officials and their family members, financial-backers, sweethearts and other friends and cronies.
For many decades it has been standard operating practice for corrupt government officials and their family members, financial-backers, sweethearts and other friends and cronies to get awarded the benefit of exorbitantly lucrative long-term lease deals of one kind or another.
Dumbo Halkitis and Simpleton Simon are well aware of many of the more corrupt lease deals costing the Public Treasury mega millions of dolllars each year, yet they are seemingly quite content for the 'non-connected' taxpayers to be most unfairly burdened with harsh tax enforcement and even more draconian unannounced taxes and fees of every kind conceiveable.
And believe me when I say PM Davis has his own comprehensive listing with full historical details of every corrupt lease deal the current and past governments have ever entered into.
Well_mudda_take_sic says...
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On FTX Bahamas: Only we can pursue void payouts
Posted 19 June 2023, 5:06 p.m.
Well_mudda_take_sic says...
Like most insurers, quick to collect the premium but slow or unwilling to pay the claims. LOL
On Bahamas First unveils Cayman woes probe
Posted 19 June 2023, 4:57 p.m. Suggest removal
Well_mudda_take_sic says...
Few think of these as honours anymore. That ship sailed long ago. LOL
On Twelve Bahamians to receive 2023 King’s birthday honours
Posted 19 June 2023, 4:38 p.m. Suggest removal
Well_mudda_take_sic says...
Roscoe Thompson is a big part of the problem.
On Abaco suffering an electricity crisis causing revenue loss as some tourists cut stay short
Posted 19 June 2023, 4:35 p.m. Suggest removal
Well_mudda_take_sic says...
At least he's no longer around to snuff out some innocent person's life in the future.
On ‘I pleaded with my son to change’, Dad says
Posted 19 June 2023, 4:15 p.m. Suggest removal
Well_mudda_take_sic says...
Our corrupt politicians are quick to tax Bahamians to death while giving all kinds of tax concessions to the floating behemoth hotels that are destroying our environment without contributing much to our economy. Perhaps many of us should start telling the government we will get around to paying our taxes when we feel like doing so.
On ‘SLOW DOWN ON PASSENGER TAX’: Cruise lines push govt to postpone increase due to short notice of change
Posted 19 June 2023, 4:09 p.m. Suggest removal
Well_mudda_take_sic says...
Re-posted from not too long ago:
A friend of mind who is a qualified actuary and is familiar with NIB's financial situation, believes working Bahamians today between the ages of 45 and 60 will never receive retirement and other benefits from NIB anywhere near what they will have paid into the national insurance fund by the time they retire. He also believes honest and hard working Bahamians today under age 45 will never receive a penny of the contributions they continue to be forced to make to the collapsing NIB Ponzi scheme by government and their employers.
On 'Hanging' no longer: PM affirms NIB rate increase
Posted 9 June 2023, 12:24 p.m. Suggest removal
Well_mudda_take_sic says...
Legitimate expenses are never a problem. Losses due to corruption, etc. are always a big problem.
On whogothere
Posted 9 June 2023, 12:19 p.m. Suggest removal
Well_mudda_take_sic says...
What else is new? This particular corrupt deal is really chicken feed compared to the many other outrageously costly long-term lease deals the current and past governments have cut with entities directly or indirectly owned or controlled by government officials and their family members, financial-backers, sweethearts and other friends and cronies.
For many decades it has been standard operating practice for corrupt government officials and their family members, financial-backers, sweethearts and other friends and cronies to get awarded the benefit of exorbitantly lucrative long-term lease deals of one kind or another.
Dumbo Halkitis and Simpleton Simon are well aware of many of the more corrupt lease deals costing the Public Treasury mega millions of dolllars each year, yet they are seemingly quite content for the 'non-connected' taxpayers to be most unfairly burdened with harsh tax enforcement and even more draconian unannounced taxes and fees of every kind conceiveable.
And believe me when I say PM Davis has his own comprehensive listing with full historical details of every corrupt lease deal the current and past governments have ever entered into.
On Claims improper practice used in rental of consumer protection office
Posted 7 June 2023, 11:41 a.m. Suggest removal
Well_mudda_take_sic says...
Yup. Most of our clergy today are D- educated preaching to their D- educated flock for their supper.
On Some Parliamentarians have STILL not disclosed
Posted 7 June 2023, 10:58 a.m. Suggest removal