The Web Shops Start To Cutback After Tax Raises Passed
The Bahamas Government has barreled along with their plan to raise taxes on the web shops to the fifty per cent level. The local gaming organization warned the Government that the effect of the new taxes will be to cause the loss of thousands of jobs. The process has already begun with all of the shops last week sending out notices that they will be reviewing the work of all staff. Sebastian Bastian who is the owner of the largest operation Island Luck said that he thought that his company would lose 350 jobs. We post a sample of the letters sent out to the various company employees.