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EDITORIAL: Honesty best policy on taxation
When is a tax rise not a tax rise?
THE KDK REPORT: The more things change, the more they stay the same
FROM the sixth to the 16th century, the Roman Catholic church was by far the most dominant religion in Great Britain.
Key tax arrears jump $230m to hit $1.13bn
Tax arrears owed to the Government from three key revenue streams increased by a collective $230m during the first nine months of the current fiscal year to hit $1.13bn at end-March 2023.
20% of Gov'ts fixed costs go to debt bill
One out of every $5 spent by the Government on its recurrent costs during the upcoming 2023-2024 fiscal year will go towards paying the $612.726m interest bill on its outstanding $11bn-plus national debt.
Property tax cap up 25% to hit $150,000
Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.
New hope
ActivTrades
The averted US debt default, and positive data from the American jobs market, put international investors in a buying mood. In Germany, the Dax index jumped over the 16,000 point mark last Friday. Wall Street also closed higher.
Gov't ready to guarantee Nassau's $290m hospital
The Government is prepared to guarantee the $290m financing for New Providence's new hospital, a Cabinet minister revealed yesterday, adding: "This is a worthwhile investment for the Bahamian people."
Pintard says PM misled on budget taxes claim
FREE National Movement Leader Michael Pintard accused Prime Minister Philip “Brave” Davis of misleading Parliament, saying bills tabled last week show that the government is raising taxes.
Backward attacks
In order to understand the backwardness of certain opposition politicians, who reflexively oppose progressive tax reform, one has to put into perspective what they are actually advocating and defending.
BAAA Age Group Trials, Kids’ Athletics combine hailed a success
THE Bahamas Association of Athletic Associations hosted a successful combined Age Group Trials and Kids Athletics Championships over the weekend at the original Thomas A Robinson national stadium.
Bahamas Bowl returns December 16
THE ninth edition of the 2023 HomeTown Lenders Bahamas Bowl will return to Bahamian soil on Saturday, December 16. The event is set to kick off at the Thomas A Robinson National Stadium at 11am to commence the start of the National Collegiate Athletic Association (NCAA) Football bowl season.
Skippers celebrate victory
THE 54th annual Long Island Regatta came to a close on Saturday in Salt Pond, Long Island, with the New Legend, New Susan Chase and Sassi Sue all emerging as the divisional winners.
Halkitis: We'll meet targets - and beat them
A cabinet minister said that the government will “achieve” and “surpass” the budget targets in terms of the deficit with a goal to get the debt to GDP down to 50 percent by 2031.
Sweeting: Cultivation centre to open by end of the month
The Gladstone Road cultivation centre is 90 percent complete and will be ready for opening by the end of the month.
Petroleum retailers agree to 'phased in' margin increase
Bahamian petroleum retailers yesterday said they will accept a "phased in" 30 cent per gallon margin increase as they urged the Prime Minister to meet with the sector this week "to put this baby to sleep".
Police outline safety measures and road closures for Labour Day
HEADING into the 62nd Sir Randol Fawkes Labour Day, police outlined some law and order measures and precautions for the public to adhere to during the weekend celebrations.
Minister says PM will address NIB concerns next week
PRIME Minister Philip “Brave” Davis will address concerns relating to the National Insurance Board (NIB) next Wednesday, Economic Affairs Minister Michael Halkitis said on Thursday.
Ministry reveals revisions to High School Diploma
AFTER longstanding public outcry on the criteria of the Bahamas High School Diploma, the Ministry of Education announced on Friday several revisions that have been made.
Education Director: We want to remove every barrier that we can to education
EDUCATION Director Dominique Russell says the government’s new National School Breakfast Programme brings the country one step closer to eradicating poverty, which is one of the major barriers to educational opportunities for students, especially for those chronically absent.
STATESIDE: No Labels independent party could play role of spoiler to democratic presidential bid in 2024
A new political movement has ambitions for next year that scare Democrats right down to their shoes. It’s called No Labels, and its leaders aspire to offer a third-party candidate for president in 2024. Dems feel this will hand an election to Trump that he couldn’t otherwise win. History shows they might be correct.
