You know, if my boss runs his business the way the politicians govern, I'd better start looking for a new job, because bankruptcy's right around the corner. Think about this, you have the market cornered on certain items, things that people are paying top dollar for. Then a man comes by, he has a fancy accent with the matching clothes, and he tells you that you aren't smart enough to maximize the use of those assets, so you'd better sell them to him. It turns out he's right, because you're stupid enough to do it! Then, having done it, you punish your regular and loyal customers because they haven't got the money to pay your bills so you can continue your lifestyle without cutting costs.
Our country has squandered so much of her wealth, and flushed so much of her moneymaking talent and potential down the toilet, that now we're economic slaves, reduced to begging at the feet of our global masters. This slavery will continue for at least the next couple of generations, because no one talented or disciplined enough to find a way out of it has yet appeared. Okay, not fair, we have had the talent, but either it's so crooked it can't see straight, or no politician will allow the talent to do what's needed because that'll derail the gravy train. The Solution of the Day for everything is to tax those who can't fight and not to upset those who give a lee trouble to pay.
The last set of idiots sold all our assets for a pittance, and then bought two utilites back, then resold one, then...oh, who can keep up? What I do know is that all these transactions cost us taxpayers in ways we still haven't yet uncovered. These same idiots put serious national revenue-generating opportunities into private hands for a pittance (and no doubt a commission), while they mortgaged our eyeteeth just to finance the government's daily operating costs.
Now the current idiots-in-charge, rather than looking to seriously correct these misdeeds, or to find new revenue-generating opportunities, merely decide to take on the con artist in the fancy threads, publicize the never-ending (and hideously expensive) battle so that we'll be impressed with their diligence, and do absolutely nothing else. Okay, maybe BEL would disagree that they are doing nothing else, but really, what have they done to create new sources of revenue for the country? Sell land? No, not really. I mean, land is being sold, but the revenue isn't going to official coffers, you read me?
Let me put it all another way: Monaco and Las Vegas got rich off gambling; Switzerland and Cayman get their wealth from offshore banking (sorry, Mr Barack), Panama's flag registry has done well for the country's bottom-line, and so on. Where are we? Nope, we've given away all that. Favourable taxes on gaming, offshore and flag registration in private hands...what else can we give away? Oh yeah, the Boledo! Or is that gone already?
According to Channel 7 last night, the government has lowered the gaming tax of 15% because the casinos were only paying 4% anyway, so they doubled the rate to 8%. Whaaaa.....? Guys, that's just schupid! You reward these guys for not paying their full tax by lowering it to half of what it was because then you'll be penalizing them by making them pay double what they were paying because they said that's what they could afford? Nawww man, that can't be it!
I guess I'm not as smart as some, because I'd have thought that the simplest way to do things would've been merely to enforce the law that the previous idiots let the casinos break. After all, looking at the amount of Belizeans who've lost their homes and businesses because of gambling, I wouldn't think casinos are having trouble making ends meet. And if they are having problems, let me hereby advise the government that 'things thin' with me too, so starting with my next paycheck I'm advising GOB that I can only pay 4% of my income tax...of course, if they want to lower my rate to 8%, I'm willing to negotiate.