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Saturday, March 14, 2009

What to do....

Dominica doesnt need much.

1. sustain itself food wise. All the talk of exporting food ignores the fact that we import way too much food. If Dominica concentrates on simply feeding itself we can achieve serious success.

2. take control of our geothermal resource. this means more than government expropriating the the resource but actually engaging in exploiting the resource in two definite ways. first in reducing the cost of electricity in such a way as to revolutionise the cost of living for the local population. second in creating a real opportunity to sell energy to the rest of the region and to create a competitive advantage for business to be located in dominica.

3. get rid of income tax and become an indirect tax jurisdiction. this is always controversial because like all small caribbean states we have been taught that ttaxation is our way of life. unfortunately our infrastructure is still one of the poorest in the caribbean and consumption is dropping like a stone. its a double whammy we dont need. by leaving vat and corporate tax and eliminating base income tax, we can sell the perception of a tax free jurisdiction which frees up everyone mentally. The population needs to dream.

4. engage in community planning. for too long new communities in dominica have developed organically without any support or guidance from government. the nightmare in picard is evidence of what happens when you leave a population and new arrivals to simply make their way.

thats a decent start.

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