0

FNM survey shows strong opposition to VAT introduction

A QUESTIONNAIRE on the thoughts of Bahamians on Value Added Tax (VAT) continues to show that a large number of Killarney constituents do not agree with the government’s move to implement the plan.

The survey, which was first launched on the Internet by the FNM less than a week ago, has yielded 759 responses. There are 4,598 residents in the area.

While the completed questions continue to pour in, the results show that 80 per cent of them think that the government should not introduce VAT on July 1, 2014.

Based on the statistics, many Bahamians do not believe they have enough information on the new taxation system.

When asked what was the preferred form of taxation, 30 per cent believe that sales tax is ideal for the economy. Twenty-five per cent wanted income tax while around the same number said there should not be any taxes at all.

As for the $500 million in uncollected taxes, almost 60 per cent of those surveyed want the Christie administration to aggressively pursue the funds.

The FNM has plans to take their efforts nationwide.

Party leader Dr Hubert Minnis urged the government to seriously consider the Bahamians who are now struggling to make ends meet. He believes that VAT will only make their economic situations worse.

“The government needs to know that the decisions you make today are not just for themselves, but for future generations,” Dr Minnis said. “Anyone that is in Parliament should feel that way.

“It should not be where the poor are paying all the bills and those who can afford it are evading tax and made not to pay bills. It cannot be business as usual.

“The government and many of its parliamentarians don’t understand what is happening around them. Can you imagine, families who are living in homes with no food to eat, sleeping on concrete and are just terribly poor out there? They keep pushing this thing, but they are not considering what will happen to people out there.”

Comments

jacobmicheal19 11 years ago

Interesting, very interesting blog, you can do way better, keep it up.http://www.amazon.com/Bane-Leather-Knig…">Bane Vest

SP 11 years ago

Dr Hubert Minnis has no credibility what so ever!

Where was his interest in a "survey" as a senior Cabinet Minister when the majority of the electorate opposed the selling of BTC?

Yes Jelly Belly Minnis......We don't have to imagine, families who are living in homes with no food to eat, sleeping on concrete and are just terribly poor out there...Because it was your FNM policies that put them in that situation in the first place!

Tell the people how you sold $40 Million in work permits at $1,500.00 each to blue collar workers which equates to over 26,000 non essential foreign workers putting the poorest of the poor in our country out of work.

SHUT UP HUBERT MINNIS...We are not as stupid as YOU ARE!

truth1242 11 years ago

You sound stupid and bitter...

BTC vs Tax System... Tax system is more important because it can MAKE and as easily break a country.

Tell the people how many acres of Land The PLP sold?... Tell us why they made soo many OUTRAGEOUS promises?... What about BEC under the table negotiations?... Or BTC & BlueWater secret Negotiations?

THE PLP SHOULD SHUT THE HELL UP... I AM SO SICKKKKKKKKKKK OOF HOW STUPID SOME OF YAL ARE TO BELIEVE IN THEM.

SP 11 years ago

truth1242...My ass.........Tell the people how your FNM jackass's sold $40 Million in work permits at $1,500.00 each to blue collar workers which equates to over 26,000 non essential foreign workers putting the poorest of the poor in our country out of work.

truth1242 11 years ago

HAVE SEVERAL SEATS...

VDSheep 11 years ago

VAT will eventually shrink government’s revenue; because the overall economy will shrink. VAT will be charged cumulatively at every level of trade for the same commodity. It’s a rotten system on a service based economy as ours; even Briton with more industry is suffering from VAT today. The banks are squeezing government to pay off loans already spent by successive governments. VAT is not the way to go - if you must; replace VAT with income tax based of justice for lower, medium and high income. When there is no vision the people suffer!

Sign in to comment