The business section of your newspaper on August 9, had an article on Carlton Russell’s views on the need to tax the vacation home rental market. I’m not surprised by Russell’s thoughts as he is the president of the Bahamas Hotel and Tourism Association (BHTA) which, I’m sure, would love to see the vacation home market taxed to oblivion.

Russell noted this rental market “needs to carry the load”.

In my humble opinion, this market is already heavily taxed and carrying more than its fair share of the load. All homes rented have been constructed by Bahamians using materials, furnishings and fittings that have been charged duty and/or VAT.

Click here to read more at The Nassau Guardian