Comment history

mckenziecpa says...

No everything have to be about the rich, this editorial piece provided some good insight on the possibility of getting financing offshore. I would have never though such an opportunity exist until now.

mckenziecpa says...

I applaud the work this government is doing in controlling crime and making the Bahamas great again, Dr. Nottage was asleep at the wheels poor old soul. Mr. Dames is the most admired minister of national security, in a few years all the menaces in this Nassau society will be eradicated and made inoperable.

http://tribune242.com/users/photos/2019…

http://tribune242.com/users/photos/2019…

mckenziecpa says...

Scientist should work on something to put in the water to kill all sharks and leave the other fishes. Sharks serve no purpose and should be disposed off.

mckenziecpa says...

I must say Dr. Minnis and his cabinet is the best thing to happen to the Bahamas in twenty first century. I always wonder why the parks were kept in such bad shape. How to we keep especially our young people engaged if the parks are in such disarray. I love Dr. Minnis, a great leader that really cares about the people. It is amazing how the average person only knows how to complain vs give praise where it is due.
If you read, the papers or wherever your source comes from and try to be objective, you will see that this government is trying hard to make a difference with the scares resources left to them. The government is not perfect, but they are humble and you can clearly see they are in no popularity vote to return.
The old government played politics and with the emotions of the Bahamian people for voted. The PLP is the government that purchased their way back into the Bahamian Society. Old dirty bastards

This article give me great pleasure to see such a nice park

http://tribune242.com/users/photos/2019…

http://tribune242.com/users/photos/2019…

On Grand opening for Silver Gates

Posted 25 June 2019, 2:14 p.m. Suggest removal

mckenziecpa says...

I love this

On Baha Mar expands with Sugar Factory

Posted 22 May 2019, 1:45 p.m. Suggest removal

mckenziecpa says...

I have much respect for the FNM government and Mr. Dames is indeed a genius

On Five top officers join force exodus

Posted 22 March 2019, 1:12 p.m. Suggest removal

mckenziecpa says...

Mr. Smith you are absolutely correct in your assertion however the average Bahamian don’t have any money to invest in the market and for the fortunate few they know how to outsmart the system. I do admire you taking up arms for the small man that is not feom the Deep South

mckenziecpa says...

Ryan Pinder is not the only person touting income tax for the Bahamas in some form. The Bahamas needs to implement income tax reform even if the government doesn’t benefit from it. An income tax reform will move the Bahamas from a zero-income tax to a tax base even introduced at 5%.

If the government was to introduce income tax, this will be a good way of stealing from the middle class and rich and to help the underprivileged. If earned low income in the U.S., you get a refund, if you don’t get a refund, you will more than likely not have to pay taxes

Investors get credit in their home country when the country they are doing business with have an income tax base, mainly business income tax.

I have clients who live in other parts of the world who are also U.S. citizens that benefit from the tax regime from the country they domicile in.

Bottom line; the Bahamas needs some type of income tax, and I don’t mean tax the people into oblivion, but to avoid the blacklist. Blacklisting can futher erode the second pillar of the economy the financial service sector, subsequently putting a considerable amount of middle class out of a job.

U.S. Tax $20,000
Exemption generally three (4,050*3) 12,150
Standard deduction generally three (6,300*3) $18,900

Total Deduction $ 31,400

Net taxable income 0

Child tax credit per child (1,000 *3) $3,000
Low Income Credit (3,800)
Other Credits (1,200)

The poor will take home (3,000+3,800+1,200) every year.

mckenziecpa says...

I doubt any monies have been paid out to hurricane, insurance took care most of the damages, a couple of government structures were damaged but they are not where near 200 million. just my 2 cents

mckenziecpa says...

The government is claiming the VAT monies were put into a consolidated fund, if this is in fact the case a good auditor/forensic or general auditor can still back track the monies. Based on tracing methods, if monies are deposited from various sources into one bank account, could a skilled auditor not easily identify each source and what’s left over can be argued to be the unidentified funds. The government would not subject themselves to an independent (Truly) audit, yes, much respect to the auditor general, but I have yet to see an overall or comprehensive report on the treasury tranches of monies into government subsidies and off balance sheet vehicles. just my 2 cents

On PM: Not a dollar of VAT wasted

Posted 30 March 2017, 7:35 p.m. Suggest removal