The International Monetary Fund (IMF), in their recent Article IV report on our country, noted that we have a bit of bloat in the public sector. Bloat to the tune of $70 million annually to our civil servants. The IMF further noted that we could save $200 million ANNUALLY via …
The Treasury received $285,214 from the Council’s efforts in six weeks. Of this amount $176,316 was for delinquent taxes.
Dr. Delon Brennen, Deputy Chief Medical Officer in the Ministry of Health, presented information and fielded a variety of questions from the audience on how it would work as they expressed concerns over the lack of facilities on Abaco.
A billion in VAT collected ( $1,000,000,000 ) , $250,000,000 in annual interest payments, with deficits and national debt increasing. We are in trouble. No one party is totally responsible for getting us here. We cannot continue on like this!
The Hope Town District Council met on February 23 to discuss the budget for the upcoming year 2017/2018, Real Property Tax issues and other business for the district.
During their regular monthly meeting on September 29 the Hope Town District Council approved over $14 million in plans while expressing concerns that new regulations by the Hotel Licensing Authority could dampen prospects for Real Property Tax collection on the cays.
Hope Town District Council Chief Councillor Jeremy Sweeting signed the agreement between the Ministry of Finance and the Hope Town District Council allowing the local office to collect tax revenue. The local tax office is set to open June 1. The office will be located on the western end of the Library building in Hope Town.
I thought that you would like to know how this country is drifting. A group of very dedicated people in Treasure Cay, mostly second home owners have been working with the children at the Treasure Cay Primary School, some for a period of fifteen years.
The scope of arrogance displayed by our leaders is an insult to reason. They seem to believe what they say will not only be eagerly bought by a gullible public, but also that they deserve praise for the flowery delivery of their rhetoric. They’re playing high stakes poker with our money and doubling down on all their bad bluffs; they don’t even care at this point that we can read their blatant tells – or that they’re running out of chips.
The Prime Minister announced during the recent presentation of the budget debate that, thanks to VAT, the country has cut its deficit substantially. That’s great; however deficit does not mean our debt – which continues to grow with vigor. It grows because spending continues to outpace what we collect in tax at the expense of the private sector which, Mr. Christie admitted, grew much slower than expected.