It won't be for too much longer....they're already talking about the possibility of having to shut-off the power to all but essential enterprises at night and most residential communities during the day.
And lowering the bar by making the exams less difficult always helps them with their spinning of the results to try and make themselves look like they are great educators. Most of these so called 'educators', in The Bahamas and the U.K., are now truly deadbeat bureacrats of one kind or another who must sing the song they are told to sing by the elected officials they are beholden to in order to get their supper.
> Leonard Sands, the Bahamian Contractors Association’s (BCA) president, recently told this newspaper that only major infrastructure projects will feel the impact from Gold Rock’s closure, and that this was likely to be short-term because competitors would soon move to full the lucrative void given the major development projects in the investment pipeline.
And just wait until Grand Bahamians see who moves in to fill the vacuum and how much more those major infrastructural projects will cost if they ever get done at all. LMAO
> “It ultimately goes to the concept of value for money,” he {Bowe} told Tribune Business. “Bahamians don’t have a difficulty paying more taxes if they feel expenditure is being done in an efficient manner and provides valuable services. Realistically, we need to increase taxes, but the difficulty is if we increase taxes are governments going to be prudent in the use of those increased taxes or will they go on a spending spree with the new revenue?"
It seems neither Bowe nor Wilson appreciate that a regressive tax regime in a nation with an exceptionally high poverty rate combined with a grossly over-bloated and unproductive civil workforce is incapable of generating the additional tax revenues they are both dreaming of. There is simply no water to be had from a stone.
This means government is about to find that it must do the most politically unacceptable of all things, i.e., introduce a new progressive tax regime that targets the wealthy politically-connected establishment who are now the only ones left who can afford to pay significantly more taxes. Get ready to pony up Wilson and Bowe!
tribanon says...
It won't be for too much longer....they're already talking about the possibility of having to shut-off the power to all but essential enterprises at night and most residential communities during the day.
On BPL’s power plant deal, $535m funding ‘on hold’
Posted 26 August 2022, 3:41 p.m. Suggest removal
tribanon says...
Bingo!
And lowering the bar by making the exams less difficult always helps them with their spinning of the results to try and make themselves look like they are great educators. Most of these so called 'educators', in The Bahamas and the U.K., are now truly deadbeat bureacrats of one kind or another who must sing the song they are told to sing by the elected officials they are beholden to in order to get their supper.
On ‘15 percent rise’ hailed as exam results released
Posted 26 August 2022, 3:12 p.m. Suggest removal
tribanon says...
Not to worry. Dunce PM Davis is more than willing to save all 12 million Haitians in Haiti by moving them all to The Bahamas. LMAO
On WORLD VIEW: Haiti sinking deeper into catastrophe - who will save it?
Posted 25 August 2022, 2:39 p.m. Suggest removal
tribanon says...
They would have much better success getting water from the driest stone! LOL
On ‘Misguided’ focus over corporate income tax
Posted 25 August 2022, 2:22 p.m. Suggest removal
tribanon says...
LMAO
On Lyford Cay condo has to slash units by 30%
Posted 25 August 2022, 2:16 p.m. Suggest removal
tribanon says...
> Leonard Sands, the Bahamian Contractors Association’s (BCA) president, recently told this newspaper that only major infrastructure projects will feel the impact from Gold Rock’s closure, and that this was likely to be short-term because competitors would soon move to full the lucrative void given the major development projects in the investment pipeline.
And just wait until Grand Bahamians see who moves in to fill the vacuum and how much more those major infrastructural projects will cost if they ever get done at all. LMAO
On Port row owners in residency woe
Posted 25 August 2022, 2:08 p.m. Suggest removal
tribanon says...
Those new hirees are gonna try come after you and me ...... not Snake, Thug Sebas, the Symonette Family, et al. LOL
On Top revenue collector eyes 2/3 expansion to 500 staff
Posted 25 August 2022, 1:58 p.m. Suggest removal
tribanon says...
The shiits already all over his face! LOL
On Pintard told to ‘do his homework’ on national debt
Posted 25 August 2022, 1:53 p.m. Suggest removal
tribanon says...
Children, das one man you wanna stay away from..... he's a real munster!
On $3m more for Family Islands health
Posted 25 August 2022, 1:42 p.m. Suggest removal
tribanon says...
Reposting:
> “It ultimately goes to the concept of value for money,” he {Bowe} told Tribune Business. “Bahamians don’t have a difficulty paying more taxes if they feel expenditure is being done in
an efficient manner and provides valuable services. Realistically, we need to increase taxes, but the difficulty is if we increase taxes are governments going to be prudent in the use of those increased taxes or will they go on a spending spree with the new revenue?"
It seems neither Bowe nor Wilson appreciate that a regressive tax regime in a nation with an exceptionally high poverty rate combined with a grossly over-bloated and unproductive civil workforce is incapable of generating the additional tax revenues they are both dreaming of. There is simply no water to be had from a stone.
This means government is about to find that it must do the most politically unacceptable of all things, i.e., introduce a new progressive tax regime that targets the wealthy politically-connected establishment who are now the only ones left who can afford to pay significantly more taxes. Get ready to pony up Wilson and Bowe!
On Gov’t targets $500m ‘one-time tax boost’
Posted 25 August 2022, 12:03 a.m. Suggest removal