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Trouble in Paradise: PLP threatens to derail the Bermuda gravy train

There are signs that the relatively new Bermuda government is in the early stages of antagonizing international businesses in a scenario that is eerily similar to the Bahamas of 30 years ago. Over the last six weeks, the Progressive Labour Party has raised payroll tax from 12 to 12.75 per cent and announced plans to restrict the length of many work permits to six years and make employers report the racial composition of their workforce and of people interviewed for job vacancies.