Former M.P. Pierre Dupuch comments on taxes, WTO and outsourcing
- Nov 16, 2017 - 9:40:55 AM
Ah well, here we go again! The talk of the town is now saying things
like: "Let's even the playing field ... tax them!"; "By 2019 we'll be
full members of the WTO" and "Let's outsource it."
the playing field, let's tax them," says one Minister when talking about
Bahamians who rent their houses to visitors. Let's see now, a person
rents his house to a visitor and makes less than $100,000/year - is he
now to pay taxes on his income? Does anyone else pay taxes on their
Rick Lowe: More taxes for Bahamas businesses foreshadowed
- Nov 5, 2017 - 11:03:24 AM
Coming on the heels of the OECD and its G-20 and European Union (EU)
members threatening ‘blacklistings’ a few short months ago Mr. K. Peter
Turnquest, Bahamas Deputy Prime Minister & Minister of Finance
suggests The Bahamas might have to look at implementing a low rate
corporate income tax in order to comply with demands from the
Organization of Economic Cooperation and Development (OECD).
How the Bahamas will comply and whether it will be forced to adopt a corporate income tax is disconcerting.
in mind businesses already pay a business license tax on gross income,
the threat of even more taxation, following on the heels of the
introduction of Value Added Tax that has had such a negative impact on
local businesses 2015 is casting...
Fred Smith: Gov’t must resist this hostile foreign takeover
- Oct 25, 2017 - 8:19:19 PM
The attempted forcible buy-out of Grand Bahama Power Company by a 100
per cent foreign-owned entity is nothing less than an aggressive hostile
takeover which is clearly not in the best interest of The Bahamas.
proposed move contravenes Bahamian law on a number of levels and raises
serious questions about the strength of our sovereignty and the
integrity of our public institutions. All Bahamians who care about their
rights and are committed to national self-determination should call on
the government resist this ill-conceived plan. We have until November
7to make our voices heard...
Fred Smith on Bahamas Immigration Reform: "An enlightened & progressive approach "
- Oct 12, 2017 - 4:46:05 PM
The Immigration Policy followed by successive governments has failed to
produce the desired results. The domestic economy has not flourished as a
result of strict control of the labor force. Undocumented migrants,
primarily from northern Haiti, continue to arrive on Bahamian shores in
Meanwhile, “Immigration enforcement” has
devolved into little more than a vehicle for systemic corruption and
exploitation; a political tool for the incitement of hatred,
anti-foreign sentiment and nationalistic fervor.
of this ill-conceived approach include the loss of hundreds of millions
of dollars in annual revenue, the establishment of an entrenched
culture of official corruption, the creation of a sub-class...
Monte Pratt: The challenges of Renewable Energy in the Bahamas
- Oct 6, 2017 - 1:48:26 AM
Over The Last 5-years, There Has Been A Lot Of 'Novice'
Discussions On Radio Talk-shows And In Social Media About How Much
Sunshine And Breeze That The Bahamas Has. And The Fact We Need To
Embrace Solar And Wind Energy Technology To Reduce Energy Cost. But What
About The Challenges That These Solar And Wind Energy Utilities Face?
Of All, None Of These 'Novice Advisors' Noted The Fact That The Bahamas
Is Located In 'The Heart Of The Hurricane Belt'. Secondly, None Of
These 'Novice Advisors' Noted The Fact That The Bahamas (Every Island)
Was Hit By 3 Major Hurricanes In The Last 3 Consecutive Years And Also
Has Suffered 8 Major Hurricanes Since August 1992...
Former M.P. Pierre Dupuch comments on "Confessions of an Economic Hit Man."
- Sep 30, 2017 - 9:20:56 AM
Sometime ago I read a rather intriguing book entitled, "The Confessions Of An Economic Hit Man."
only was it intriguing, it was frightening. It was written by a man who
had been called in by the American Government to form a group whose
sole purpose, it appeared, would be to bankrupt countries making them
"economic colonies" of the United States.
This is unbelievable,
but here's basically what the author explained. They would go to a
country, big or small, find a "big-eyed John/Jane" who wanted to look
good with his/her constituents and needed money to do so. They would
find, for example, that the Government needed money to build a two-lane
highway but had none.
They would move in and convince them that
instead of a two-lane highway, they should get a four-lane one. "Not to
worry," they'd say. "We will lend you the money." Being a big-eyed
John/Jane, wanting to impress the constituents, and, of course, getting a
little under the table for themselves, they would jump at the offer...
Rick Lowe: I’m not mad at the IMF
- Sep 16, 2017 - 12:12:49 PM
So the IMF has suggested income tax to solve our fiscal woes…
Instead of looking at their proposed remedy, I suggest we look at the cause of the fiscal problems.
put it as been fiscal imprudence by successive governments that has
caused this. Yup, spending more than they take in while singing the
praises of yet another great budget expansion without taxation to pay
Instead of raising taxes governments since independence have borrowed until hitting
The gods must be laughing
- Aug 10, 2017 - 4:34:53 PM
No matter what Al Gore says, truth does not apply to science
in the debates about former Vice-President Al Gore’s global warming
films, An Inconvenient Truth (2006) and An Inconvenient Sequel: Truth to
Power (2017), is the fact that truth is not possible in science.
Scientific hypotheses, and even scientific theories, are not truth; they
can be, and often are, wrong.
Truth applies to mathematics,
chess, and other endeavors in which we write the rules. It never applies
to our findings about nature, which are educated opinions based on
scientists’ interpretations of observations. Philosophers since ancient
times have recognized that observations always have some degree of
Fred Smith QC: The “Foreigner” can no longer be the Scapegoat!
- Jul 21, 2017 - 7:17:37 PM
There has been a lot of agitation and blame about “Foreigners” raping
our Marine and Fisheries Resources. In my view, this debate and blame
game is misconceived and futile. Simply blaming the "Foreigner" and
focusing on "Foreign" depletion and exploitation BUT continuing to allow
the same unregulated exploitation and depletion ONLY by Bahamians, is
not the answer. It is a recipe for environmental disaster.
view, the challenges faced in the Bahamas, by the rape, pillage, ruin
and unsustainable depletion of our Marine and Fisheries Resources, and
the unrelenting destruction of our Mangroves and Corals Reefs, requires
rational, deliberate and careful attention.
It can perhaps be
most effectively addressed by the new FNM government adopting a more
enlightened and effective approach by meaningful consultation with
those most knowledgeable and experienced in the field...
Fred Smith: If the Government fixes Freeport it will fix The Bahamas!
- Jul 15, 2017 - 10:48:30 PM
The Government has a unique opportunity to resurrect the Phoenix of
Freeport from the ashes of political red tape and recession. This will
require political courage to adopt a paradigm shift in foreign
investment policies in Freeport and Grand Bahama. References to Freeport
include Grand Bahama. If the Freeport experiment works, then with
appropriate changes the model can be applied to the rest of The Bahamas
For Freeport to succeed, Government should trust
the GBPA to be the One Stop Shop Licensing Authority for Bahamian and
foreign investment under the Hawksbill Creek Agreement . References to
GBPA include DEVCO.
Kemp: Are we a less violent society? Government has the key!
- Jun 26, 2017 - 4:03:54 PM
I was watching a video called, “Lord Jamar: Europeans Have Been Historically More Violent than Africans”
on one of my favourite YouTube channels, DJVlad TV, and the host was
interviewing a regular contributor to his YouTube broadcast - an
Old School, Hip Hop artist from one of my favourite groups back in the
90’s, Brand Nubian’s Lord Jamar. Of course, Lord Jamar is an Afrocentric
artist from that era where being Afrocentric was a major part of
Hip-Hop culture and has his views on cultural history from time
The issue of Africans vs. Europeans, or any race vs
race, is not the core position of this article. But, the funny thing is,
while DJVlad TV is, primarily, an entertainment channel, the host from
which the channel is named, the DJ Vlad, plugged a book from a Harvard
Professor, Steven Pinker titled...
Nimi Princewill: Jehovah's Witnesses Don't Belong With The Rest Of The World
- Apr 25, 2017 - 7:19:30 AM
The "Good News" as presented by our smooth-talking, modestly dressed and
frequent unexpected guests- The Jehovah's Witnesses, who by the way,
always tend to show up at the wrong time, isn't as particularly exciting
as it sounds.
Asides the willingness of Witnesses, who are
always equipped with materials to engage you in either brief or
extensive debates (depending on your energy level and willpower for the
day) in defense of their claim as the only "true religion" while others
are viewed as "demonically inspired" (which could piss you off a little
if you have no chill), there's a lot more to this interesting religious
The Jehovah's Witnesses, are fondly notable for their numerous seclusion from...
The State of (Human) Rights in the Commonwealth of The Bahamas in 2017
- Apr 17, 2017 - 9:07:27 PM
The Israelites, the Bible states, wondered forty years in the desert.
It’s not that they were physically lost, for they knew where they were
headed, and knew how to get there. The stars by night and the sun by day
were the only GPS they needed. And they were fortified by manna in the
But woefully, that nation of people was mentally and
psychologically lost. Leaving the land of enslavement, after coming to
the realization that as a people of value and dignity, they no longer
cherished the ungodly treatment meted out to them. Yet, having subjected
themselves for so long to this bondage, they were infused with the
consciousness of enslavement at the very core of minutest parts of their
By Divine grace and a genetic transformation, they came to
realize that no entry into the promised land was possible until every
iota of mental slavery was exorcised from the very foundation of their
"Spying Bill process. Another Abuse of Government Power?"
- Mar 5, 2017 - 12:03:29 PM
The latest episode with the government attempting to pass legislation
without public discussion or input, is yet another apparent abuse of
power by this government.
Had Civil Society not raised eternal hell the government proposed passing the Bill without public consultation.
that government has backed down, I submit their action is simply to
calm the waters so to speak, and will process the Bill anyway in
whatever form they wish...
Gilbert Morris: The GB (Port Area) Incentive Act is anti-Incentive
- Feb 28, 2017 - 11:29:58 PM
The Hawksbill Creek Agreement (HCA) is the finest Development
Agreement in the world. I know, since I grew up under the agreement;
wrote nearly all my undergraduate law papers on this agreement and wrote
my first economics paper - again - on the HCA.
I understand that
the government wants to facilitate economic growth in Freeport, and I
believe this is their true noble desire.
However, the GB (Port Area) Incentive Act is absolutely the wrong way to go:
THERE ARE THREE MAJOR PROBLEMS AMONGST OTHERS:
It is wrong in Constitutional terms as the devolution of Sovereign
concessions under the Hawksbill Creek Agreement was not a benefit to or
intended for the Port
Rick Lowe: Government Acting Immorally Over Tax Compliance Certificates
- Aug 24, 2016 - 3:24:40 PM
During the last Budget presentation the Government snuck a provision
through that businesses would have to apply for a Tax Compliance
Certificate in order to be paid by them for goods and services.
In essence, if your taxes are not paid, the government will not pay you.
like a reasonable proposition until you make application and find out
that if a courier company imported something on your behalf and has not
paid the import taxes you cannot get paid by the government. And it
doesn’t matter if you paid your courier company...
Patricia Glinton-Meicholas on the 2016 Bahamas Gender Equality Referendum
- Jul 2, 2016 - 6:49:01 PM
June 7, 2016, you voted against yourselves, your children and your
children’s children. That says it all about you and your regression from
the brave, forward thinking of the Bahamian suffragettes. You chose to
believe that Eve and her female offspring were cursed in Eden, not just
to bear the pains of childbirth, but to remain forever inferior to men,
subject to their abuse. Shame on you.
The ‘Christian’ Nation: While The Bahamas is a church-going nation, most Bahamians are not
Christians, not followers of the loving Christ that I cling to. Most of
my Bahamian people...
Op-Ed: Supporting Innovation and Entrepreneurship through the Modernization of Government Services
- Jun 30, 2016 - 11:30:18 PM
In this digital age, more and more governments are making the shift to
online services to promote the expediency of the delivery of services,
as well as to facilitate growth for business stakeholders. From the
perspective of the Government of The Bahamas, modernizing government
services is essential, especially if we are to tap into the potential of
young Bahamians, our future generation.
I believe that with the
right conditions, talented young Bahamians are poised to change the
world. Improvements in the capacity of government to deliver services
will not only support innovation and entrepreneurship, but will also
increase productivity and create cost savings for businesses, simplify
citizen interactions with government, reduce the cost of the public
sector and increase government revenues.
Bahamas Olympic swimmer on the Gender Equality vote
- Jun 10, 2016 - 1:55:44 AM
The Bahamian people have voted NO to the
gender equality bill. America just nominated their first female
presidential nominee while 20 minutes from Miami, we voted NO to gender
equality. Let’s face it, the vote YES campaign underestimated the power
of social media, they underestimated the distrust the people have in
Prime Minister Perry Christie and the current PLP government, they
underestimated the amount of fear mongering that would come from the
extreme religious and homophobic ideologues.
The vote YES
campaign tried to take the high road and educate the public on the bills
to raise awareness so Bahamians can make an informed decision. On the
other hand, the vote NO campaign simply preyed on the fears of the
ignorant and the super religious; the quintessential Donald Trump
Fred Smith: We Reap What We Sow
- Jun 9, 2016 - 11:05:33 PM
The No, No, No and No Vote was unfortunate, but it is a reflection that as a nation, we reap what we sow.
the last few years, Fred Mitchell and the PLP and their goons like Keod
Smith and Peter Nygard have really whipped up hate and anti-foreign
sentiment in the country, (which the PLP has always kept alive and well
to use when it suits them) against Haitians , Cubans and Jamaicans,
Canadian Bruno Rufa, the manager from memories in Freeport, Sarkis
Izmirlian and Louis Bacon; and even against Bahamians such as Fred
Smith, Joseph Darville and Rev. C B Moss etc, dressing up black
Bahamians in KKK hoods brandishing burning crosses and parading them up
and down on Bay Street hurling abuse, bile and xenophobic venom. And
Jerome Fitzgerald, Fred Mitchel and Leslie Miller raping our privacy and
having their fun ridiculing civil society in Parliament under the guise