National Sales Tax Gains Momentum

11-14-2002

Well to be honest, I must retract one of my statements.

Freeport, Bahamas has no income tax at all. As far as I know they work entirely off other industries such as banking and gambling, and no doubt criminal activities. The head of their business development department told me stuff was somewhat more expensive to buy there (sales tax or just due to import regulations I don't know) but Miami was just a 30 minute plane ride away, and you could bring back up to thousands worth of US goods with no additional tarriffs.

Aside from the hurricanes it sounds perfect, wig and I have put a down payment on a mule ranch inland a bit from the port.

C.

11-14-2002	#26
Cal Guest Posts: n/a	Well to be honest, I must retract one of my statements. Freeport, Bahamas has no income tax at all. As far as I know they work entirely off other industries such as banking and gambling, and no doubt criminal activities. The head of their business development department told me stuff was somewhat more expensive to buy there (sales tax or just due to import regulations I don't know) but Miami was just a 30 minute plane ride away, and you could bring back up to thousands worth of US goods with no additional tarriffs. Aside from the hurricanes it sounds perfect, wig and I have put a down payment on a mule ranch inland a bit from the port. C.