Politics
A recent announcement was made by NIB of a possible contribution tax increase of 2%. At first glance, a 2% tax increase seems bearable. It is definitely better to receive a 2% salary increase, but nonetheless a forced 2% salary decrease seems bearable. However, things...Politics
The National Insurance Board (NIB) has responded to two releases by The Nassau Institute relating to a case study of the NIB’s proposed combined tax increase of 84.1% in an effort to keep the fund solvent and add unemployment and pharmaceutical benefits. To...Politics
A recent announcement was made by NIB (National Insurance Board) of a possible contribution tax increase of 2%. At first glance, a 2% tax increase seems bearable. It is definitely better to receive a 2% salary increase, but nonetheless a forced 2% salary...Politics
NASSAU, Bahamas – The Bahamas Government is to amend the Cruise Ship (Overnight Incentive) Act, 1995, to strengthen the country’s competitive position in the cruise industry, Prime Minister the Rt Hon Hubert Ingraham told Parliament on June 29. He was...Politics
Mr. Speaker, I am pleased to rise in support of “A Bill for an Act to Provide Communication Services”, which when adopted would be known as the Communications Act, 2009. This landmark legislation contains far-reaching reforms that are important to...Politics
Mr. Speaker we are living in very remarkable times. These are times that I believe none of us in this place has seen before. The Bahamas is facing some of the most challenging economic times and ordinary Bahamians are depending on us to guide this country through...