LETTER TO THE EDITOR: Rich don't pay while the poor struggle

Thu, Dec 14th 2023, 04:15 AM

Dear Editor,

I appreciate you for allowing me to speak truth to power without fear or favor. Too many of us sit idly by and have a problem with what's being said but need help to gather the courage to say something. These same people would be the first to complain about anything and criticize everyone who steps up to shine a light on the hypocrisy. We are too busy calling wrong, right, and right wrong because of who is talking.

I am amazed to read that, with a straight face, the Chairman of the Bahamas Chamber of Commerce and Employers Confederation, Timothy Ingraham, would fix his mouth to lobby for the wealthy and not mention the least among us. Ingraham wants the government to ease up on businesses with more than $5 million turnover to have audits completed by April.

In the government's quest to recover some outstanding much-needed revenue, they have started an audit across the board or announced that one would be done on all businesses to determine who owes what and eventually recoup the outstanding monies.

We all know that the playing field has been unlevel for decades, and the wealthy have not paid their fair share but sucked every dime out of the economy and solidified that the rich stay rich and the poor pay their way.

This practice has been going on for decades. The rich are given exemptions and fewer bank fees on money borrowed because they are on the boards.

National Insurance is a clear example because there is a limit on the salaries. People who make the most money are taxed less.

So this unconscionable position by the President of the Chamber only confirms what we all thought: the rich don't want to pay but want to reap the harvest while the masses struggle.

I would be highly disappointed if the government agrees with the chamber and does not continue on course to have the Audits completed by April next year and all outstanding taxes paid in full. Failing to continue as planned will only send a signal that the rich could get away with everything, and the poor get to experience hardships to pick up the slack.

We expect the rich to use threatening tactics to be exempted, like if they have to pay, they will lay off their employees.

This government must not blink but move full steam ahead to ensure that all pay their way and that we, as Bahamians, feel safe and not be sacrificed on the altar of greed by the haves.

The Buddha said, "There's no enemy outside our soul. The real enemies inside us are anger, ego, greed, and hate."

Written by: Ivoine W. Ingraham

 

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