WeblogBahamas.com

My quick read of the budget

Two sentences on crime???????? Really??? There was no mention of reducing the business license taxes and this will serve to the detriment of many businesses. Without my crystal ball it might possibly cause closures, downsizing or restructuring. The goal is taxes will equal 20% of GDP. Surely the objective should... Read more →

Prayers for the IAAF. Working on the Sabbath

by H. Armbrister Watching the ZNS cover of the inaugural IAAF World Relays I listened in shock to Mr. Neville Wisdom demanding that we should have an invocation to start this event. If this was a domestic national event, then, perhaps, I would concur, however, Mr. Wisdom, I am quite... Read more →

So VAT it is - Bahamas Government Presents its 2014/15 Budget

I'm not sure what a "sales tax, value added tax" is that the Prime Minister alluded to in his budget communique yesterday, but I guess as the regulations become known we'll be able to figure it out? For example, will the 7.5% VAT be applied at the port? No mention... Read more →

As we sit with bated breath, Cayman gets tax breaks

With budget surpluses allowing reductions in import taxes for diesel fuel used by the power company, a 2% reduction in import taxes, reductions in business license fees, and a 2.5% gratuity bonus for civil servants, it seems Cayman has turned the corner to fiscal responsibility? Read more from the Cayman... Read more →

Those damn white people again

by Rick Lowe I have maintained all along that web shops are actually legal as they've been operating for decades and were granted business licenses by the former FNM government. But that has not stopped three or four years of muddle, made worse by the PLP governments so called referendum... Read more →

F.A. Hayek on Improving the Social Order

Hat tip to Lawrence Reed... for posting this great quote from Professor Hayek. Read more →

The PLP's track record on the rights of women

Harry Strachan I heard Mr. Christie trying to take more cheap political digs at the FNM, yet again. Isn't this getting a bit stale and boring now? During his recent address he exhorted the FNM to add more female candidates to their slate for the next general election. While he... Read more →

Kenny Wayne Shepherd - Song of the week - May 26, 2014 - Grindin' Man

This post is really about Pinetop Perkins one of the great Mississippi bluesmen. What reminded me of Mr. Perkins was listening to Kenny Wayne Shepherd's fabulous cd, Ten Days Out, and the last few tracks included none other than "The Grindin' Man" himself. I'm sure I've mentioned this before but... Read more →

Mencken on Politics

Find out more about H.L. Mencken here... and here... Read more →

The Austrian School of Economics. What is it?

Randall G. Holcombe has just pubished a 144 page book "Advanced Introduction to the Austrian School of Economics". Dr. Holcome asserts that readers should have a basic knowledge of economics but might be unclear about what makes the "Austrian School" different. As a result of recent history, "more people have... Read more →