Posts Tagged ‘Opinions’


Former M.P. Pierre Dupuch comments on taxes, WTO and outsourcing

Thursday, November 16th, 2017

Ah well, here we go again! The talk of the town is now saying things like: "Let's even the playing field ... tax them!"; "By 2019 we'll be full members of the WTO" and "Let's outsource it."

"Let's even the playing field, let's tax them," says one Minister when talking about Bahamians who rent their houses to visitors. Let's see now, a person rents his house to a visitor and makes less than $100,000/year - is he now to pay taxes on his income? Does anyone else pay taxes on their income...

Former M.P. Pierre Dupuch comments on taxes, WTO and outsourcing

Thursday, November 16th, 2017

Ah well, here we go again! The talk of the town is now saying things like: "Let's even the playing field ... tax them!"; "By 2019 we'll be full members of the WTO" and "Let's outsource it."

"Let's even the playing field, let's tax them," says one Minister when talking about Bahamians who rent their houses to visitors. Let's see now, a person rents his house to a visitor and makes less than $100,000/year - is he now to pay taxes on his income? Does anyone else pay taxes on their income...

Former M.P. Pierre Dupuch comments on taxes, WTO and outsourcing

Thursday, November 16th, 2017

Ah well, here we go again! The talk of the town is now saying things like: "Let's even the playing field ... tax them!"; "By 2019 we'll be full members of the WTO" and "Let's outsource it."

"Let's even the playing field, let's tax them," says one Minister when talking about Bahamians who rent their houses to visitors. Let's see now, a person rents his house to a visitor and makes less than $100,000/year - is he now to pay taxes on his income? Does anyone else pay taxes on their income...

Former M.P. Pierre Dupuch comments on taxes, WTO and outsourcing

Thursday, November 16th, 2017

Ah well, here we go again! The talk of the town is now saying things like: "Let's even the playing field ... tax them!"; "By 2019 we'll be full members of the WTO" and "Let's outsource it."

"Let's even the playing field, let's tax them," says one Minister when talking about Bahamians who rent their houses to visitors. Let's see now, a person rents his house to a visitor and makes less than $100,000/year - is he now to pay taxes on his income? Does anyone else pay taxes on their income...

Rick Lowe: More taxes for Bahamas businesses foreshadowed

Sunday, November 5th, 2017

Coming on the heels of the OECD and its G-20 and European Union (EU) members threatening ‘blacklistings’ a few short months ago Mr. K. Peter Turnquest, Bahamas Deputy Prime Minister & Minister of Finance suggests The Bahamas might have to look at implementing a low rate corporate income tax in order to comply with demands from the Organization of Economic Cooperation and Development (OECD).

How the Bahamas will comply and whether it will be forced to adopt a corporate income tax is disconcerting.

Bearing in mind businesses already pay a business license tax on gross income, the threat of even more taxation, following on the heels of the introduction of Value Added Tax that has had such a negative impact on local businesses 2015 is casting...

Fred Smith: Gov’t must resist this hostile foreign takeover

Wednesday, October 25th, 2017

The attempted forcible buy-out of Grand Bahama Power Company by a 100 per cent foreign-owned entity is nothing less than an aggressive hostile takeover which is clearly not in the best interest of The Bahamas.

The proposed move contravenes Bahamian law on a number of levels and raises serious questions about the strength of our sovereignty and the integrity of our public institutions. All Bahamians who care about their rights and are committed to national self-determination should call on the government resist this ill-conceived plan. We have until November 7to make our voices heard...

Fred Smith: Gov’t must resist this hostile foreign takeover

Wednesday, October 25th, 2017

The attempted forcible buy-out of Grand Bahama Power Company by a 100 per cent foreign-owned entity is nothing less than an aggressive hostile takeover which is clearly not in the best interest of The Bahamas.

The proposed move contravenes Bahamian law on a number of levels and raises serious questions about the strength of our sovereignty and the integrity of our public institutions. All Bahamians who care about their rights and are committed to national self-determination should call on the government resist this ill-conceived plan. We have until November 7to make our voices heard...

Fred Smith on Bahamas Immigration Reform: “An enlightened & progressive approach “

Thursday, October 12th, 2017

The Immigration Policy followed by successive governments has failed to produce the desired results. The domestic economy has not flourished as a result of strict control of the labor force. Undocumented migrants, primarily from northern Haiti, continue to arrive on Bahamian shores in significant numbers.

Meanwhile, “Immigration enforcement” has devolved into little more than a vehicle for systemic corruption and exploitation; a political tool for the incitement of hatred, anti-foreign sentiment and nationalistic fervor.

The consequences of this ill-conceived approach include the loss of hundreds of millions of dollars in annual  revenue, the establishment of an entrenched culture of official corruption, the creation of a sub-class...

Monte Pratt: The challenges of Renewable Energy in the Bahamas

Friday, October 6th, 2017

monte_pratt.png
Over The Last 5-years, There Has Been A Lot Of 'Novice' Discussions On Radio Talk-shows And In Social Media About How Much Sunshine And Breeze That The Bahamas Has. And The Fact We Need To Embrace Solar And Wind Energy Technology To Reduce Energy Cost. But What About The Challenges That These Solar And Wind Energy Utilities Face?

First Of All, None Of These 'Novice Advisors' Noted The Fact That The Bahamas Is Located In 'The Heart Of The Hurricane Belt'. Secondly, None Of These 'Novice Advisors' Noted The Fact That The Bahamas (Every Island) Was Hit By 3 Major Hurricanes In The Last 3 Consecutive Years And Also Has Suffered 8 Major Hurricanes Since August 1992...

Monte Pratt: The challenges of Renewable Energy in the Bahamas

Friday, October 6th, 2017

monte_pratt.png
Over The Last 5-years, There Has Been A Lot Of 'Novice' Discussions On Radio Talk-shows And In Social Media About How Much Sunshine And Breeze That The Bahamas Has. And The Fact We Need To Embrace Solar And Wind Energy Technology To Reduce Energy Cost. But What About The Challenges That These Solar And Wind Energy Utilities Face?

First Of All, None Of These 'Novice Advisors' Noted The Fact That The Bahamas Is Located In 'The Heart Of The Hurricane Belt'. Secondly, None Of These 'Novice Advisors' Noted The Fact That The Bahamas (Every Island) Was Hit By 3 Major Hurricanes In The Last 3 Consecutive Years And Also Has Suffered 8 Major Hurricanes Since August 1992...