That is really funny. The businesses want the burden to fall exclusively on the consumer.

I have noticed at the checkout at the food store where the POS software is already ready for VAT. The screen has "taxable" and "non-taxable" fields, that is the information will be on the scanner. So on a periodic basis, the split may be 40-60 or 30-60 depending on what is purchased during that time.

I think a great many businesses will have a split-tax system For example, your bill to have a dental filling may be VAT exempt, but the dental hygiene supplies you buy at the office may not be. They might just have to have 2 cash registers.

School who sell book packages to students might also have to make some adjustments.

I nominate this stephano fella for the jackass of the year award

" they must think we got money growing on coconut trees."

Sure they drink coconut water we pay for.

There is more double dipping to come, folks. Think about it.

70% of the govt payroll is deducted from salary.. Folks live on the 30%
When the purchasing power of the civil servant falls by 15%, they will have to live off 25%,

Social services then pays the electricity bill, that is double dipping.

how many more years left of this govt?

Here is the deal, vat is borne by the consumer.

The merchants and developer's contribution to this system is to mark up their prices based on new inputs.

Marking their prices up based on reduced customs duties will reduce their gross profit margins, yes. That is the price they pay, that is their contributions to the tax.

Want to markup on both the VAT and the customs duties? Fine, in due time, there will be other merchants who will not, so you can't sell your stuff.

People will also shop online, pay VAT and customs duties and freight, and still beat their prices.

Remember Moses, stock up your corn for the next 7 bad years, until the merchants come down in their prices.

There will a lot of sidewalk sales between now and June, stock up on every thing you can, clothing, appliances, anything non-perishable, that way the impact of VAT on your bottom line is limited to perishable stuff.

Good, Bahamar is the Riviera, they will soon have Carnival.

To revitalize downtown Nassau: replace Columbus statue with a replica of the corcovardo Christ the Redeemer and replace Queen Elizabeth with a replica of the statue of Liberty.

Rawson square can become the Vatican and the Pope can open the Police Force Beat Retreat next year.

All in the news, all in the news....

But you are not the prime minister
If it were economically feasible, this govt would have every plp at that funeral, then a little stop to see robert mugabe

nice soiree. all i can to is kill the fatted pizza.

See, all along the tribune reporters have been asking the wrong guy.

ask the prime minister of new zealand to explain it all.

Surely, with a name such as John Key, he must be from Abaco.

unneutered males are more agressive, as sometimes can be witnessed in newspaper headlines

but they also are less likely to roam and fight, and catch diseases so the public is safer