[xml][/xml]
The Bahamas Weekly Facebook The Bahamas Weekly Twitter
Entertainment Last Updated: Feb 13, 2017 - 1:45:37 AM


Mr. J releases new single, "We Don't Want No VAT"
By The Bahamas Weekly News Team
Apr 11, 2014 - 1:00:51 AM

Email this article
 Mobile friendly page
This his follow up to his ongoing campaign against the VAT, Bahamian artist, Mr. J releases "We Don't Want No VAT".

"The song and artwork represents and reflects the views of the greater percentage of the Bahamian people that are opposed to the new tax.  With over ten thousand plus persons that have signed online petitions against the VAT, the title of this new initiative aptly fits the anti VAT environment that we are in," said the recording artist, Gesner Dalmon / Mr. J.

"The song describes VAT as a manufacturing tax as opposed to a consumer tax, which has been purported. VAT was originally designed to be used in large manufacturing countries such as Europe and not small economies. For the mere fact that minimum wage in the Bahamas is at a very low level, it would be unconscientious to add another burden on the already stretched and maxed out finances of many families."

"We Don't Want No Vat" questions conflicting reasons the government has provided for the need of VAT.

"It has been reported that because of the enormous national debt VAT is needed. On the other hand, the minister for financial services Ryan Pinder has expressed that  VAT will be essential because  of the Bahamas's strides to become a full WTO member. In order to ascend to full membership, it is mandated that countries remove it's custom duties, replace it with VAT on imported goods and on local services. If that fails to generate the necessary taxes the government wants, other local taxes will have to be introduced to make up for the short fall. The problems that we as a people are faced with are multi fold. The first concern is what level of trade are we involved that require we become a WTO member? The second is that the government does know what amount customs duties must be reduced to, therefore leading us blindly into a VAT implementation, not knowing for sure how we will truly be impacted. Thirdly, according to the IADB's study, VAT will cause poverty levels to increase and cause persons to have less disposable income."

"It is my hopes that the Bahamian people will wake to what is happening, become actively involved in seeking clarity, request of their MP's to hold town meetings with them and demand the government to explain why we are truly headed down this road they are taking us on," said Mr. J in closing.

The song can be requested on local stations.

Cover---Don_t-Want-Vat.jpg



Bookmark and Share




© Copyright 2014 by thebahamasweekly.com

Top of Page

Receive our Top Stories



Preview | Powered by CommandBlast

Entertainment
Latest Headlines
Caribbean Barrel features Mango and Bahamian Splice Junkanoo Show Group Tonight
K.B. releases new single - Das Why We Savin’ Da Bays
Caribbean Barrel Restaurant Valentine's dinner Experience Under the Stars with 'Jahem & Jazz
Caribbean Barrel features Wilfred Solomon & Magnetics Tonight
Mortimer candidly explores life-defining experiences in new podcast Looking Deep