bambam

5 Vote

proudloudandfnm 10 years, 9 months ago on Wilson: Gov't 'unwise' to ignore VAT fears

Tax reform to me means clean up current taxes, curb wasteful spending, stop selling government jobs for votes... Things like that....

1 Vote

Honestman 10 years, 9 months ago on Retail fears VAT 'death sentence'

Everyone can see that the implementation of 15% VAT is going to be the final nail in the coffin for many struggling businesses. This will translate into a substantial rise in unemployment and devastation for the PLP at the next election. Talk about having a death wish? Let's look at the more realistic alternatives of payroll tax, enforcement of Property tax and the elimination of wasteful government expenditure. The misguided BTC buyback exercise and the web-shop referendum fall into the latter category.

1 Vote

GrassRoot 10 years, 8 months ago on Small business VAT costs 'double' UK's

the way the public sector is set up and motivated to work in the Bahamas, VAT will be a disaster, not only because the private sector will cheat wherever it can, but simply because of the Government not being motivated to collect and with all the corruption in place there is much money to go around.

2 Vote

GrassRoot 10 years, 8 months ago on Payroll tax 'disastrous' for new jobs

whether companies have to pay the taxes through VAT, or payroll or corporate taxes, if they have proper accounting and no black accounts, whatever the Government takes from a business will reduce its bottom line. no rocket science.