Tracey's Thoughts

Hurricane Tax In The Bahamas? Opposition Says No Way To Government Idea

The idea of government implementing a so-called hurricane tax to help the post-Hurricane Matthew recovery efforts is getting thumbs down. And the resistance is not only coming from the Opposition.

Prime Minister Perry Christie has announced that Cabinet may consider implementing a special tax to help finance repairs to damage done by the hurricane and promised that, if it is introduced, the tax would have a “minimal impact on people”.

“We have to give serious consideration to a more effective way of financing the loss that the country has experienced because we’re also paying now for Hurricane Joaquin and it may well be that we have to give consideration to a selective approach to raising money by taxing some item that would be of minimal impact on people. But it’s a matter we have to look at because it’s an enormous challenge to the country,” he said as he and other government officials toured areas in New Providence that were hard hit by the hurricane.

But the reaction has been swift.
Source: http://www.caribbean360.com/news/hurricane-tax-bahamas-opposition-says-no-way-government-idea#ixzz4Ndz06fer

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