EDITOR, The Tribune.
Re: Employers Could Face Jail if They Fail to Inform Govt of Job Cuts
I invite the Department of Labour to identify any country that has enacted such asinine legislation as floated in your publication under the above captioned headline.
What entity in their right mind would invest in a country with this type of dictatorial climate?
The suggestion becomes even more absurd when you consider that everything the government has touched has been a financial disaster.
If Bahamian tax payers knew what they have forked out over the years in mismanaged, ill-conceived projects – from hotel ownership to the Hatchet Bay farm, BARTAD, Bahamasair, ZNS, BAMSI, BOB, Carnival and everything in between, they would be absolutely stunned.
And let’s not forget the Baha Mar debacle, the estimated $70-plus million owed to Bahamian contractors and the role government interference has played on the whole sad story.
Not one government investment has turned a net profit, but generations of Bahamians have been saddled with the massive resulting debt and heavy taxation. BEC is on the brink of collapse, according to the union leader.
The government has done nothing to deal with the billions of dollars in unfunded public sector pension liabilities and the IMF says this has put the country at “a significant fiscal risk.”
And the Department of Labour thinks the government is qualified to tell private investors how to run their business?
How utterly ludicrous!
M. JOHNSON
Nassau,
September 9, 2016.
Comments
EasternGate 8 years ago
The PLP is worst than the "seven plagues of Egypt"!
ohdrap4 8 years ago
the legislation need to be perfected.
Require government issued exit visas for all employers,native or foreign. the exit visas are to be renewed on a monthly basis upon presentation of the Tax Compliance Certificate.
They should also contain biometrics so they are sure who is really leaving the country.
sealice 8 years ago
let em pass it and watch how many business start downsizing (9) employees at a time
OMG 8 years ago
The reality is that they don't care, Even Darold Miller stated on Friday that watch how government spending dramatically increases in the run up to the election. This is the publics money squandered on everything and nothing . Ask yourself do these politicians so desperately want the job to serve or rather feather their own nests.
Sign in to comment
OpenID