Ppl may not mind paying a tax if there was accountability and some effort to control the rapid growth of government.

Also this does is make everyone more anxious.

Expect a clumsy implementation with areas related to foreign residents with billions of dollars to tax remaining sufficiently vague and constantly changing.

With bank account freezes and asset confiscations already implemented without a tax court the government now become judge, jury and and enforcer with zero oversight.

If someone tells you who they are believe them the first time.

First real property tax, then VAT, then corporate tax and after that income tax.

Middle and upper class Bahamians have already gotten their children and grand children out.

We should soon start to see an increase exodus of bank accounts out of the country as the debate noise becomes deafening.

A corporate income will not work without a corresponding personal income tax.

Every developed country has both without exception.

In order to avoid the loophole of persons transferring wealth to thier individual names they will introduce personal income rapidly after the implementation of corporate tax.

Since the implementation of VAT taxes have increased dramatically and the national debt has doubled to $12.5 billion.

With income tax the government will be able to double its debt again.

Please pray no hurricanes hit Nassau.

Also we don’t grow, produce or manufacture anything in the Bahamas not even chicken or chicken eggs,

Everything is imported including 50,000 work permits to do every single job because we are either to dumb, lazy, ignorant or uneducated to do anything.

Every business I talk to uses imported labor.

Then everyone wonders why taxes on a plane ticket is higher than fare.

Stop complaining we lucky we really close to Miami otherwise this would be Haiti.

My rule of thumb was to double the cost to import anything into the Bahamas.

This is caused by governments strangle hold on electricity/BPL, imports/Arawak ports, fuel taxes/Focal/Shell, Vat/duties, an archaic customs clearance system and a regressive tax system which taxes physical imports rather than income, dividends and payrolls.

Add to this corruption and bribes you need to pay at every step in the process, zero transparency in government procurement, and monopolies and cartels in all core activity from lousy Canadian banks to foods stores importing inferior quality foods from south east Asia.

Then add to this zero investment in new schools and education versus billions going into hotels and gated communities for foreigners.

Now I add 130% to anything I import and as a Bahamian I try not to live in the country due to crime.

if 45,625 are behind in their payments, how many accounts does W+S have?

I would assume about 200,000 accounts?

So 25% of the ppl are behind?

How much behind, less than 30 days?

... because utilities and other necessities are run by politicians the Bahamas will always be a banana republic.

Water is essential to sustain life not something that can be turned on and off by politicians.

If a persons water is cut off how do they flush the toilet, take a bath, clean their house.

Spot on Tribanon.

Using the 80/20 rule of thumb, 80% of the electrical consumption is being consumed by large foreign owned hotels and foreign mansions in gated communities like Lyford Cay.

Because the increased fuel cost is not being passed on to these foreigners the poor black Bahamians need to borrow money from the IMF to subsidize BPL’s losses.

The subsidy could easily be tens of millions of dollars on an annual basis.

The foreigners are laughing all the way to the bank because their money is safely out of the country and they could care less that our deficit is approaching $11 billion and growing each year.

One day the chickens will come home to roust but the New Day government will simply blame the old Our Time government.

They really need to bring back the $630 million BPL to pay off the BPL staff pensions and buy a massive dirty diesel generator and then lease it back from FOCAL and over charge the Bahamians for electricity.

Then don't service it.

The we will need to buy a massive service contract from Shell/FOCOL/Watisla and borrow another $370 million due to the next hurricane blowing down the unmaintained grid.

Does anyone remember what happened in Long Island during Walkine...remember all the lamp poles get blown down...no think of the massive contracts once all the light poles get blowdown during the next Walkine.

Wow, the country will be booming with contracts!

"its a new day, a new day!"

Hi Bennesun, the reason why we can't get solar energy and its so hard to maintain BPL's equipment is because there is no money in it.

So instead of BPL generating electricity they are buying it from FOCOL and you know who dat benefitting.

And also from Watisla and Shell.

All of these ppl have a vested interest in oil!

No body move! we ain changing nuttin.