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EDITORIAL: Honesty best policy on taxation
When is a tax rise not a tax rise?
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.
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.
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.
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.
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.
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.
FRONT PORCH: The life and times of an extraordinary patriot
We last spoke on May 11, the 95th birthday of George’s beloved friend, Arthur. This journal’s managing editor asked who the paper might contact to pay tribute to Sir Arthur Foulkes, five years shy of becoming a centenarian.
EDITORIAL: What the Budget did not say
WHEN taking the time to sit down and examine yesterday’s Budget communication by Prime Minister Philip “Brave” Davis, it is as important to look at what was not said as much as what was.
'Throwing darts': PM pledges 'decisive action' on Freeport
The Prime Minister's decision to put the Grand Bahama Port Authority's (GBPA) owners on notice that he plans to take "decisive action" to halt Freeport's two-decade decline yesterday provoked mixed reactions from residents and politicians.
What happened in London won’t stay in London
IF readers permit, I would like to write a ‘part 2’ to my note on the coronation, offering reflections on the impact on the Coronation week, and its lasting impact for the UK and The Bahamas.
The Budget Communication – as it happened
Prime Minister Davis says the Budget aims to strengthen national security, economic security and the lives of people of The Bahamas. He says the global economy is showing signs of improvement although there is still much work to be done to recover from recent challenges. He adds that average consumer prices rose in the US by eight percent, while policy rate of interest has been raised ten times, driven primarily by rising inflation. He highlights the effects on The Bahamas in terms of higher borrowing costs.
FTX chief’s fate lies in Bahamas’ hands
THE FATE of embattled FTX chief, Sam Bankman-Fried, rests in The Bahamas’ hands in determining how many criminal charges he will ultimately face over the crypto exchange’s multi-billion dollar implosion, it was revealed yesterday.
GAS DEALERS WANT 30 CENT INCREASE – Association: Govt discussed change to fuel margins
Petroleum retailers say they refuse to become "paupers" as they intensify demands for a 30 cent per gallon margin increase which they have been seeking to obtain from the Government since April 2022.
Trade Policy aims to break export barriers
A Cabinet minister yesterday asserted that the newly-launched National Trade Policy will play a key role in helping to diversify the Bahamian economy through the creative industries plus sectors such as agriculture and fisheries.
Ex-MP says: 'Gov't supporters trying to get hands on GBPA'
A former MP yesterday doubled down on concerns that "supporters of the governing party have been trying to get their hands on the Grand Bahama Port Authority" amid push back to calls for politics to be kept out of Freeport's future.
Sears says newly launched Traffic Management Centre first phase to cost $1.8m
THE Ministry of Works and Utilities launched the first phase of its Traffic Management Centre yesterday.
