Why is the government trying to blame changing demographics? That is not a Bahamian problem at the moment and there are currently more workers making contribution than at any time. Either they are lying or have no idea what they are talking about.
The government is expecting the public to pay almost 3 times what their contributions are now? Tax burden goes up by 3x and they think their isn't going to be riots? NIB has been run so badly that the only way to save it is to input 3x as much money? Something is fishy here, as always though
Golden Egg? $50m a year in revenue is our golden egg?
And $5-$7 more per person is going to make or break the cruise lines profit (and the cost will simply be passed onto the customer anyway), or cause a passenger not to book? I find hard to believe.
Why in every rendering is there a pier that comes directly off PI with the cruise ship docked at it? Is the plan to skip the new cruise port entirely and dock directly at their own beach getaway?
Why do all the rendering of their plans have the cruise ships docked at a pier sticking out from PI? Is it their plan to skip the new ports all together and just dock at their own beach attraction?
Why should businesses who haven't paid their tax obligation be permitted to bid on and win work with the Ministry of Works? Why should anyone pay? There should be no penalty for non-payment according to Davis.
Maybe companies that actually pay their taxes should be rewarded instead of penalized for doing the very things that the laws of our country require.
This is good. This tax will be paid on profits, not on revenue as the current business licence requires. A 10% rate will likely see a savings for businesses in their tax bills. This incentivizes owners to invest profits back into the business as they now see a savings, where as currently it does not matter.
newcitizen says...
Why is the government trying to blame changing demographics? That is not a Bahamian problem at the moment and there are currently more workers making contribution than at any time. Either they are lying or have no idea what they are talking about.
The government is expecting the public to pay almost 3 times what their contributions are now? Tax burden goes up by 3x and they think their isn't going to be riots? NIB has been run so badly that the only way to save it is to input 3x as much money? Something is fishy here, as always though
On GOVT SEEKS TO EASE FEARS OF 26.3% NIB: PM’s Office responds to concerns contributions ‘like income tax’ by 2044
Posted 8 March 2024, 10:23 a.m. Suggest removal
newcitizen says...
Golden Egg? $50m a year in revenue is our golden egg?
And $5-$7 more per person is going to make or break the cruise lines profit (and the cost will simply be passed onto the customer anyway), or cause a passenger not to book? I find hard to believe.
On ‘SLOW DOWN ON PASSENGER TAX’: Cruise lines push govt to postpone increase due to short notice of change
Posted 19 June 2023, 9:50 a.m. Suggest removal
newcitizen says...
Why in every rendering is there a pier that comes directly off PI with the cruise ship docked at it? Is the plan to skip the new cruise port entirely and dock directly at their own beach getaway?
On Cruise giant slashes PI buildings by 24k sq ft
Posted 11 June 2023, 2:29 p.m. Suggest removal
newcitizen says...
A letter from last November?
On Beware of Greeks bearing gifts
Posted 31 May 2023, 10:30 a.m. Suggest removal
newcitizen says...
Why do all the rendering of their plans have the cruise ships docked at a pier sticking out from PI? Is it their plan to skip the new ports all together and just dock at their own beach attraction?
On RCI unveils consultation over beach resort plan
Posted 30 May 2023, 2:40 p.m. Suggest removal
newcitizen says...
Why should businesses who haven't paid their tax obligation be permitted to bid on and win work with the Ministry of Works? Why should anyone pay? There should be no penalty for non-payment according to Davis.
Maybe companies that actually pay their taxes should be rewarded instead of penalized for doing the very things that the laws of our country require.
On PM blasts 'blinkered' officials' tax attitude
Posted 19 May 2023, 10:54 a.m. Suggest removal
newcitizen says...
That's not how it works at all.
On CORPORATE TAX PLAN REVEALED: Govt favours proposal of 10-12 percent rate for most businesses
Posted 19 May 2023, 10:49 a.m. Suggest removal
newcitizen says...
This is good. This tax will be paid on profits, not on revenue as the current business licence requires. A 10% rate will likely see a savings for businesses in their tax bills. This incentivizes owners to invest profits back into the business as they now see a savings, where as currently it does not matter.
On CORPORATE TAX PLAN REVEALED: Govt favours proposal of 10-12 percent rate for most businesses
Posted 19 May 2023, 9:27 a.m. Suggest removal
newcitizen says...
Why is it draconian to ask people to pay their taxes? What does that say to all the people who did pay?
On Property taxes sell-off targets 'extreme cases'
Posted 12 May 2023, 1:28 p.m. Suggest removal
newcitizen says...
Did the attorney general of the government of the Bahamas just say that fixing a web portal is 'beyond our control'?
Well that pretty much sums up the state of the government and the Bahamas
On Registrar General woe is ‘beyond our control’
Posted 1 March 2023, 9:19 a.m. Suggest removal