The Dutch Caribbean is an area that depends solely on foreign investments to survive economically and subsequently the Government covers the National Budget through tax collections. The collection takes place by any means necessary, which is considered unconstitutional by some experts in human rights in the Netherlands.
The phenomenon of an unbalance National budget is attributed by overexposure of the administrative structure costs combined with taxation collection shortages.
The Dutch Taxation culture is characterized by its impact on the lower social class citizens and it impedes the middle class citizen to improve his position in the social ladder. Decades of the same taxation method has proven to be unsuccessful, inefficient and circuitous in its application. Fact is that the more financial pressure any Government applies on the community, it reflects immediately in the increase of criminality, which demands more financial means to the Justice Department and housing for the perpetrators.
People in the lower part of the social ladder lands in prison, and the individuals in the Elite social class engage in Tax Fraud or Tax evasion while consultants weave Tax structures for tax deviations.
Comparing wages in the Netherlands to the Dutch Caribbean is an unbalanced equation, but still the Dutch Caribbean Government is fixated on applying the same taxation method derived from the Dutch Taxation Culture method. Measuring the current taxation methods effectiveness within the Dutch Caribbean islands, any tax paying individual will observe that the entire taxation system is inefficient and obsolete. The applicable taxation method kills investments, creates unemployment, impedes development of the middle size entrepreneurs, threats business continuity directly and triggers tax evasion practices.
The Governments of the Dutch Caribbean islands have been weathering the Dutch Taxation Culture without success for decades, which consists mainly of MORE taxation without measuring the impact in the community. The Aruban Government with assistance of renown consultants, in an attempt to boost the economic growth of the San Nicolaas district, introduced 2 years ago a Tax incentive plan, which unfortunately was ineffective and the results inconclusive. This indicates that addressing the national deficit using the Dutch Taxation models is obsolete and must beconsciously adapted to improve the economic situation of the island in crisis.
In view of this persisting condition a political party in SXM reached out to Benjamin & Parker(This email address is being protected from spambots. You need JavaScript enabled to view it.
//<!–
document.getElementById('cloak89075').innerHTML = '';
var prefix = 'ma' + 'il' + 'to';
var path = 'hr' + 'ef' + '=';
var addy89075 = 'management' + '@';
addy89075 = addy89075 + 'b-parker' + '.' + 'com';
var addy_text89075 = 'management' + '@' + 'b-parker' + '.' + 'com';
document.getElementById('cloak89075').innerHTML += '‘+addy_text89075+’‘;
//–>
) to prepare a new concept to relief the situation with focus on employment security. The firm is of the opinion that adapting the Taxation system with business culture promotes employment and derived employment generates tax revenues.
Soon the involved party will present the concept in a press conference to explain the developed Tax Plan that will ensure an antidote for the existing financial crisis in SXM.
Source: St. Martin News Network
Benjamin & Parker: The Dutch taxation culture is inappropriate for the Dutch Caribbean.
View comments
Hide comments