06042018 news

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VOLUME:115 No.132, JUNE 4TH, 2018

HO US E & 16 THE PEOPLE’S PAPER: $1

SPORTS: BAHAMAS PROMOTED IN DAVIS CUP TRIUMPH PAGES

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• Innocent victims of freak Labour Day tragedy • Families’ agony as hope turned to despair

• Question remains how did truck run out of control? • Minnis: Cabinet to review its disaster response • PMH boss tells how staff dealt with chaotic early scene THE tragic deaths of four people during the Labour Day march on Friday brought the nation to a halt. The families of the four women killed when a truck ran out of control - also injuring 24 others told The Tribune of their “shock and disbelief” in the aftermath of the incident. The driver of the truck

was not inside the vehicle at the time that it lost control, and the authorities are investigating to find out how the accident happened. In a national address, Prime Minister Dr Hubert Minnis said the Cabinet would consider a policy to prevent future incidents. SEE PAGES 2,3,4,5

CLOCKWISE from top left, Tabitha Haye, Kathleen Rogers Fernander, Tami Gibson and Diane Gray Ferguson.

12% - NOW THE BACKLASH By MORGAN ADDERLEY Tribune Staff Repo rter madderley@tribunemedia.net

BAHAMAS Institute of Chartered Accountants President Gowon Bowe believes the government’s plan to increase value added tax will create further distancing between the “haves and have-nots” and possibly create the conditions for class unrest, he told The Tribune. During his budget

DEPUTY Prime Minister Peter Turnquest. address to Parliament on Wednesday, Finance Minister Peter Turnquest

announced an increase of the VAT rate from 7.5 percent to 12 percent. This decision immediately sparked controversy across the nation. In an interview with The Tribune, Mr Bowe discussed the emotional response to the increase, its potential economic and social ramifications, its impact on businesses, and tax alternatives. SEE PAGE 12

Nassau & Bahama Islands’ Leading Newspaper

VAT INSIGHT THE BAHAMIAN PEOPLE AGAIN HAVE TO SUFFER TAX BURDEN

SEE PAGE SEVEN


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