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Bahamian Politics Last Updated: Jul 15, 2018 - 7:31:39 PM
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Bahamian Politics
Brave Davis: Bahamians being taxed ‘Half to Death' - Jul 15, 2018 - 7:26:30 PM

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Nassau - Disappointed in the FNM Government's move to enforce a 12% VAT hike on Bahamian citizens, Opposition Leader Philip ‘Brave' Davis strongly cautioned them at a PLP rally to stop taxing the people ‘half to death' as a way of balancing their budget.

Davis explained that the VAT increase is really about the government's belief that they can put this tax burden on Bahamians because it would place them in a better financial position for the next three years. Unfortunately, he said this will not work in favour of the people as while they seek to balance the budget, it will only be a certain
Bahamian Politics
PYL: "Sir Roland Is no national hero" - Jul 15, 2018 - 7:00:52 PM

The Progressive Young Liberals have followed with great unease the announcement of Sir Roland Symonette as a National Hero and the governing party's attempts at re-writing history

We wish to state that two generations after Sir Roland Symonette unceremoniously left the political scene, a generation of young Bahamians trying to advance in this country are quite aware of the dark corners of our history surrounding the economic, social and psychological suppression of blacks, mulattoes, and the poor in The Bahamas. Young Bahamians are astutely aware of the pain, humiliation and hardships
Bahamian Politics
PLP Leader accuses National Security Minister of Hypocrisy - Jul 11, 2018 - 11:01:01 AM


Nassau - Opposition Leader Philip ‘Brave' Davis is sounding the  alarm on what he describes as an act of ‘hypocrisy' by National Security Minister Marvin Dames, whom he claims is doing the same thing he once criticized others of.

Davis, who was addressing scores of PLP supporters at a recent rally held at party headquarters, said not only did Minister Dames oppose the process of promotions practiced by the Royal Bahamas Police Force (RBPF) when he first took office, but he turned right around and endorsed the promotion of a close friend, similar to the very manner conducted on the Force that he was determined to change.
Bahamian Politics
Davis: The Government Made a Bad Decision on IAAF Relays - Jul 9, 2018 - 12:37:11 PM

I am distressed that step by step the FNM government is gradually but deliberately seeking to destroy this country's reputation as a country whose word is its bond. The latest example of these actions is the inexplicable, bad decision to cancel the IAAF relays in The Bahamas. We in the PLP have warned the FNM before to understand that government is continuous...
Bahamian Politics
Opposition Dismisses Government Reasons For VAT Hike - Jun 26, 2018 - 6:45:35 AM

Opposition Leader Philip ‘Brave' Davis dismissed the FNM Government's reasons for VAT hike during the recent budget presentation, saying it will still place a severe burden on the public and stunt the nation's economic growth.

Davis criticized the new budget calling it unconscionable and unbearable. He said it represents 60% increases in VAT, an unprecedented increase in Immigration fees and other unwarranted tax hikes like: 5% tax on deposits and withdrawals of gaming customers, increase in police record fees, increase in fingerprinting fees for casino employees...
Bahamian Politics
Davis says ‘Dismantled' REU will decrease revenue growth - Jun 24, 2018 - 6:30:43 PM
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Stating that the 2018/2019 Budget is void of any real economic growth, Opposition Leader Philip ‘Brave' Davis is certain this is due in part to how the government has ‘dismantled' the Revenue Enhancement Unit (REU) causing revenue collection in the country to suffer.

According to Davis, the REU was established within the Ministry of Finance and was responsible for collecting additional revenue in the sum of $25 million to $30 million per month. Their work, he said, was even commended by international credit rating agencies...
Bahamian Politics
Davis: Worst Budget Ever Brought To Parliament - Jun 20, 2018 - 1:45:49 PM

In little over a year, the country has descended into the “worst of times” says Opposition Leader Philip ‘Brave' Davis, citing the 2018/2019 Budget, as proposed by the FNM Administration, as the worst budget ever brought to Parliament in a post-independence era.

Davis said the present government cannot point to a single Foreign Direct Investment of any note to the economy. Additionally, the hurricane restoration programme is no where to be seen as all of their ‘sweet promises’ ...
Bahamian Politics
DNA: The Voice of the People will not be Silenced - Jun 19, 2018 - 5:39:56 PM

The Voice of the People will not be Silenced

    Government is tone deaf

    The people’s voice will not be silenced...

According to media reports, the Members of Parliament (MPs) for Golden Isles, Bain and Grants Town and Pineridge have been terminated from their government posts for voting against the legislation that increases the Value Added Tax (VAT) rate from 7.5% to 12%. This historical day will be remembered as a day when men of courage were persecuted and paid a price for standing up for their constituents...
Bahamian Politics
Opposition leader responds to the Prime Minister's Budget Presentation - Jun 18, 2018 - 5:45:53 PM

Statement by the Leader of the Opposition in response to the Prime Minister’s Contribution June 18, 2018:
 
The Prime minister’s attempt today in the House to justify the unconscionable and massive increase in taxes on the backs of ordinary Bahamians, fell abysmally flat. It was most unimpressive and lacked a basic grasp of his own budgetary initiatives and what underlying economic principles informed such programs. It represented a complete about face from his campaign promises recalling that taxing is the lazy way out...
Bahamian Politics
Davis: Proposed VAT Increase oppresses poor and provides for rich - Jun 18, 2018 - 4:16:46 PM

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Opposition Leader Philip ‘Brave' Davis says he cannot support the presentation of the 2018/2019 budget as its various increases in areas like VAT only oppresses the poor and provides for the rich.

He noted that the increases in VAT being proposed is ‘symtomatic' to the disease of mismanagement, but not the root cause. The root cause, he explained, is more frightening as it is simply the inability of those who have responsibility for the Bahamian people's fiscal well-being, to manage it in a responsible manner...
Bahamian Politics
2018 /2019 Budget Contribution by The Hon. Philip Brave Davis MP - Jun 14, 2018 - 6:20:13 PM

2018/2019 Budget Contribution The Leader Of The Opposition Hon. Philip “brave” Davis House Of Assembly Parliament Square, Nassau Thursday, 14th June 2018:

INTRODUCTION

Thank you Mr. Speaker for recognizing me

I rise on behalf of the resilient people of Cat Island, Rum Cay and San Salvador.  In doing so, I am reminded of my grandfather’s words.  You see, in the days of my youth, there would be three structures on the property – one where we slept...
Bahamian Politics
DNA: 2018/2019 Budget - A Landmark Budget of Hardship - Jun 6, 2018 - 4:40:22 PM

    -Budget is evidence of lack of economic growth plan
    -Consultation is a little too late
    -Need to trim fat first before raising taxes
    -Economy too fragile for proposed revenue measures
    -Government must go back to drawing board

In the lead up to the May 10, 2017 general election, the Free National Movement (FNM) convinced many that voting for them will usher in the people’s time. While it was clear that the FNM had no plans for the governance of the Bahamian economy, the people voted for what was perceived as the lesser of two evils. In the absence of a plan, the current administration while in opposition took positions for political expediency without regard for their ability to deliver if they were successful at the general election...
Bahamian Politics
PLP Chairman: Turnquest mischaracterizing Michael Halkitis and James Smith on 15% VAT remarks - Jun 6, 2018 - 1:20:22 PM
The Minister of Finance Peter Turnquest  speaking in the House of Assembly this morning has misused quotes from both Michael Halikitis and James Smith, former Ministers of State for Finance about a supposed proposed 15 per cent Value Added Tax  during the PLP's time in office.
 
It is clear when you look at the statements by both men that the Minister quoted, these were statements made at a time when the taxes were not settled law...
Bahamian Politics
Brave Davis remarks at monthly press conference - Jun 5, 2018 - 9:57:04 PM

Statement By The Leader Of The Opposition Hon. Philip “Brave” Davis at Monthly Press Conference: The 2018/2019 Budget Tuesday, 5th June 2018:

Good morning media and supporters and thank you all for coming.

I begin by again acknowledging the Labour Day tragedy. This has been a bloody holiday weekend indeed, with four dead at our annual Labour Day Parade, and over twenty injured. Additionally, two men were shot in Yellow Elder and another in Fox Hill. Another woman was abducted and raped in the Carmichael Road area and there were serious traffic and boating accidents, leaving one dead and one man missing at sea.   And sadly, just this morning a young boy was shot to death.  Our thoughts and prayers are with the families of the victims of crime and the deceased... 
Bahamian Politics
Office of the Leader of the Opposition on the real impact of the 2018/2019 budget - Jun 4, 2018 - 6:34:28 PM

As we prepare for the second reading of the Budget this week, it is clear that last week’s budget exercise was a disaster. It was filled with inconsistencies, rash decision making, unsubstantiated claims and questionable projections. The budget was evidence of incompetence and failure of the Ministry of Finance. It is nothing more than poor management – especially when you take a closer look at the numbers and the unjustifiable amounts borrowed over the past fiscal year...
Bahamian Politics
Opposition Leader Davis on the VAT increase to 12% - Jun 1, 2018 - 10:47:54 PM

I wish to respond to press comments attributed to Prime Minister Minnis in defence of his decision to raise the VAT rate from 7.5% to 12%.

The Prime Minister blamed the threat of devaluation of the Bahamian dollar, a monetary and credit policy issue, for raising taxes to defray the government’s day to day operational expenses, a purely fiscal policy issue. Monetary policies are in the purview of the independent regulatory agency, the Central Bank of The Bahamas  

He said the following: "I do not believe we can tax or borrow our way out of debt. They call me a hypocrite for increasing Vat to 12%. If we did not we would be devalued within a year...”
Bahamian Politics
Office of the Leader of the Opposition on the 2018/2019 Budget Communication - May 31, 2018 - 11:56:43 AM

Statement from the Office of the Leader of the Opposition 2018/2019 Budget Communication: Evidence of failure:

The Ministry of Finance has failed. The 2018/2019 Budget Communication provides ample evidence of its failure. The key agencies of the Ministry of Finance, Customs and the Department of Inland Revenue are not performing...
Bahamian Politics
PLP on the fiscal state of the nation ahead of the 2018/2019 Budget Presentation - May 27, 2018 - 5:53:12 PM

Budget 2018/2019 represents opportunities and challenges for the Government. It represents a real opportunity to present a growth agenda which this Administration is sorely lacking. In its first year, the Administration seem more fixated on making alarmist statements on the issues of fiscal management and accountability, which damaged the reputation of the country rather than improving the lives of Bahamians.

WHAT IS THE CURRENT FISCAL STATE?

As a result, in the first year in office many of the gains made by the previous administration have evaporated.  For example, there has been anemic revenue growth notwithstanding the opening of Baha Mar... 
Bahamian Politics
The Office of The Chair of The PLP on congratulations to the New Government of Barbados - May 26, 2018 - 9:50:04 AM

From The Office of The Chair of The Progressive Liberal Party on Congratulations to the New Government of Barbados:

The PLP has extended congratulations to the new Prime Minister of Barbados Mia Mottley on her historic 30 to 0 victory in yesterday's general election. Chairman of the PLP Senator Fred Mitchell who is in Barbados personally extended congratulations on behalf of the PLP and our Leader Philip Davis...
Bahamian Politics
DNA - EU Grey List: Welcomed but not out of woods - May 25, 2018 - 4:49:56 PM

We must look beyond December 2018...

The news that The Bahamas has been removed from the European Union’s (EU) list of non-cooperative tax jurisdictions is welcomed. According to a press release issued earlier today, The Bahamas has been moved from Annex 1 (blacklist) to Annex II (grey list) by the EU.

While this is a notable development, we are not out of the woods yet and there is much work to be done to ensure that The Bahamas is totally removed from any adverse listing published by the EU. This is bearing in mind that countries on the grey list can be moved back to the blacklist if they fail to honor their commitments... 


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