Value-Added Voyage

Podcast created by Meagan Munroe and Tyler Krompier.

This podcast episode, Value Added Voyage, explores the economic policy transformation of the Bahamas, focusing on the country's transition from a tariff and customs-based tax system to a Value Added Tax (VAT) model introduced in 2015. The episode talks about the historical context, policy rationale, and economic impacts of VAT implementation on government revenue, trade, and fiscal stability. Through comparative case studies and data analysis, the podcast examines the broader implications of VAT reform, including its effects on inflation, business compliance, informality, and public perception. Drawing on both macroeconomic data and personal reflections, the episode also discusses how these reforms may offer key lessons for other developing and developed economies evaluating tax reform strategies.