My name is Tamara van Breugel and I am a citizen of The Commonwealth of The Bahamas. I am a young working mother, my family owns a small business in the city, and I strongly believe there are responsible alternatives to VAT.
Businesses and Government must prepare for unprecedented changes coming to the workforce at the management levels over the next year…
Senior accountant Ronald Atkinson says the Government should implement a 4 per cent sales tax and target a 3 per cent spending reduction as an alternative to Value-Added Tax (VAT).
Deputy Prime Minister Philip “Brave” Davis said Bahamas Electricity Corporation (BEC) workers are not the only ones double dipping in the National Insurance Board (NIB) fund.
Continued growth in the size and spending of government over the past 10 – 12 years is the root cause of the country’s fiscal problems. VAT will not cure that.
There is a bold initiative being pushed in Switzerland that, if adopted by other countries would level the playing field between the “haves” and the “have nots”… and it is scaring the hell out of the “haves”.
Despite government plans to implement value added tax (VAT) and the planned opening of Baha Mar, Wall Street continues to see the “risks tilted to the downside” for the Bahamian economy.
Rick Lowe shows how the PR programme by the government of Grenada, where VAT has been a miserable failure, sounds eerily familiar to the tune the PLP is singing.
I’m not sure why so many government officials seem short of patience about the recent independent research released by the Nassau Institute on the potential impact of VAT for The Bahamas.