0

How can we bear another tax?

EDITOR, The Tribune.

The national debt is teetering around $7 billion.

Most Bahamians are aware that $2 billion of that amount was borrowed and squandered during the past four years by this present government. I say squandered because no matter how hard one seems to look, it is difficult to see where the money went.

After borrowing and wasting large sums of money, the government of The Bahamas now has limited options to finance the post hurricane recovery effort.

Now the government wants to propose a tax to pay for the hurricane relief effort! Doesn’t the Prime Minister realise that the Bahamian people are already burdened with paying off the national debt and the interest that debt accrues?

Doesn’t he remember that he has already imposed a tax (called VAT) to aid in paying down the national debt? And doesn’t he recall that he has failed to keep that promise?

Both the hurricane relief effort and the economy of this country has been bungled under his leadership and yet again the Bahamian people, some of whom still have no electricity, are to be burdened with another tax? How much more are we as a people expected to take?

JB

Nassau,

October 19, 2016.

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment