This is exactly who should be paying extra taxes. We give out residency to foreigners buying homes so that they come and live here instead of just stashing their $10 million into real estate that has minimal tax and visiting once every two years. They do this to hide money from their own government because there is no information sharing from the Bahamian government about who owns property here, unlike banking information. These places should be occupied by the owners with them spending money living in the Bahamas. It doesn't affect small vacation home in most of the out islands either as they are below or near the $500,000 cut off.
The only people I hear complaining are the real estate agents who are trying to get their 6% cut when they sell from one tax avoider to another.
Absolutely, the FAA already takes cares of controlling most of our airspace. They have the resources and experts to do this too. It will be way cheaper to pay them and there won't be any slackness or free lunches to get around the rules.
They do amount to a hill of beans, they amount to millions, because every department in this country that handles money has the same problem. We are losing tens of millions in small transactions every year because no one will take responsibility for their actions. We think it's ok to steal if it's a small amount and then point at others if caught claiming they did worse. If you steal you are wrong no matter who has done worse. You are not absolved of your sins because there are bigger sins.
There is a very simple solution that is used in tourist heavy places already. AirBnB collects the tax and remits it to the Bahamian government. This is simple and straight forward and is already added when paying for the rental in many places. The rental owners don't need to worry about collecting the tax or having to worry about tax police and the government gets some revenue.
We need leadership that has a sense of responsibility. This is an irresponsible thing to say. Grow up Halson Moultrie. If you can't understand the gravity of the countries financial situation then move out of the way for someone who does.
Why are they talking about a report from 4 years ago? Are they complaining about working conditions 4 years ago? Why have they only now gotten around to completing the 2014 books? No wonder this country is in trouble. We're 4 years behind on the books. We have no idea where we are right now.
What's not taken into account is how much countries spend on bringing complaints to the WTO. Lodging complaints and fighting them costs the countries involved millions and millions of dollar. We are out of our league, we will not have the money to fight anything even if we wanted to. We're a country of 350,000 people, that is not even enough people to be in the top 50 cities in the US. We need to realize that we don't stand a chance if we join the WTO.
newcitizen says...
This is exactly who should be paying extra taxes. We give out residency to foreigners buying homes so that they come and live here instead of just stashing their $10 million into real estate that has minimal tax and visiting once every two years. They do this to hide money from their own government because there is no information sharing from the Bahamian government about who owns property here, unlike banking information. These places should be occupied by the owners with them spending money living in the Bahamas. It doesn't affect small vacation home in most of the out islands either as they are below or near the $500,000 cut off.
The only people I hear complaining are the real estate agents who are trying to get their 6% cut when they sell from one tax avoider to another.
On Tax hike 'shockwaves' hit high-end properties
Posted 30 July 2018, 3:23 p.m. Suggest removal
newcitizen says...
Absolutely, the FAA already takes cares of controlling most of our airspace. They have the resources and experts to do this too. It will be way cheaper to pay them and there won't be any slackness or free lunches to get around the rules.
On Initiatives to clamp down on illegal flight operations
Posted 30 July 2018, 2:58 p.m. Suggest removal
newcitizen says...
Yes, that has nothing to do with Flesh Eating Bacteria.
On Fresh water wash conch - or close
Posted 28 July 2018, 10:24 a.m. Suggest removal
newcitizen says...
This tax is not going far enough.
On D'Aguilar: We will not be moved on gaming tax
Posted 27 July 2018, 11:01 a.m. Suggest removal
newcitizen says...
They do amount to a hill of beans, they amount to millions, because every department in this country that handles money has the same problem. We are losing tens of millions in small transactions every year because no one will take responsibility for their actions. We think it's ok to steal if it's a small amount and then point at others if caught claiming they did worse. If you steal you are wrong no matter who has done worse. You are not absolved of your sins because there are bigger sins.
On Auditor General finds 'gross manipulation' of public monies
Posted 27 July 2018, 10:42 a.m. Suggest removal
newcitizen says...
There is a very simple solution that is used in tourist heavy places already. AirBnB collects the tax and remits it to the Bahamian government. This is simple and straight forward and is already added when paying for the rental in many places. The rental owners don't need to worry about collecting the tax or having to worry about tax police and the government gets some revenue.
On Vacation rentals avoid VAT embrace - for now
Posted 27 July 2018, 10:34 a.m. Suggest removal
newcitizen says...
We need leadership that has a sense of responsibility. This is an irresponsible thing to say. Grow up Halson Moultrie. If you can't understand the gravity of the countries financial situation then move out of the way for someone who does.
On Speaker wants new parliament at PO site
Posted 27 July 2018, 10:26 a.m. Suggest removal
newcitizen says...
Why are they talking about a report from 4 years ago? Are they complaining about working conditions 4 years ago?
Why have they only now gotten around to completing the 2014 books? No wonder this country is in trouble. We're 4 years behind on the books. We have no idea where we are right now.
On Public Treasury staff 'burnt out, at their limits'
Posted 27 July 2018, 10:20 a.m. Suggest removal
newcitizen says...
This is not correct at all. Do not spread false information.
https://en.wikipedia.org/wiki/Necrotizi…
https://en.wikipedia.org/wiki/Vibrio_pa…
On Fresh water wash conch - or close
Posted 27 July 2018, 10:11 a.m. Suggest removal
newcitizen says...
What's not taken into account is how much countries spend on bringing complaints to the WTO. Lodging complaints and fighting them costs the countries involved millions and millions of dollar. We are out of our league, we will not have the money to fight anything even if we wanted to. We're a country of 350,000 people, that is not even enough people to be in the top 50 cities in the US. We need to realize that we don't stand a chance if we join the WTO.
On 'Shooting in the dark' over WTO's impacts
Posted 25 July 2018, 12:29 p.m. Suggest removal