Rick Lowe
A British MP has suggested that their Parliament "copy the Germans and make things simple for business". [More…]
- The Germans are making it easier to hire staff for "mini-jobs".
- They're relaxing of dismissal regulations, and
- Allowing part time workers for indefinite periods.
All smart moves in trying to rejuvinate employment.
I think its quite amazing when governments realise it's their own policies that are the problem and have the willingness to change them.
Lessons for our political class maybe?
Amazing is right Rick,even more amazing would be if our government would realize this.They seem to be stuck in a era that no longer exists.
This government or any other for that matter does not encourage business in the Bahamas by taxing us to death.OK,I can understand the duty but you should not have the high duty rate & then tax you to death on your business license to, that to me is a rip off.This does not encourage business to grow at all & I don’t understand why they are so blind to that fact.The more goods you bring in, the more money they get on the duty right ? Then why kill you on both sides ? To me that is not tax, it is stealing.They say that they are for small business but that is a damn lie from their actions.Wake up government, you are killing your goose.
thank you for sharing article! I think its quite amazing when governments realise it’s their own policies that are the problem and have the willingness to change them，Wake up government, you are killing your goose.I will continue noticing your blog!
Rick, like government in the United States, the government of the Bahamas has become the principle obstacle to economic growth and development.. Capital formation has been greatly hampered and many corporate entities have left our shores.. What is perhaps needed today is a comprehensive review and analysis of our tax and regulatory policies which has become a detriment to capital formation.. This review should be undertaken by economists, bankers and other members of the private sector with only limited input from politicians who are responsible for the economic mess we currently find ourselves in.. Harmful policies must be replaced with incentive based policies that will stimulate economic growth.. Our country must be seen in the brightness of the rising sun and not a country in the darkness of the setting sun..