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Fri 6th Oct 2017

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Taiwan and super-rich, white migrants of Mustique and Canouan pose a serious exponential threat to SVG

Taiwan and the super-rich, white migrants of Mustique and Canouan pose a serious exponential threat to SVG. The longer the billions of dollars of tax exemptions given to Taiwan and the super-rich, white migrants of Mustique and Canouan continue, the greater will be the destruction of our economy, our living environment, our people and our society.

The SVG economy is virtually dead: there’s no banana, no arrowroot, no fish canning factory, no agro-processing factories, little tourism and very little investment in education and skills training. The consequence of this is an exponential growth in the level of poverty, hunger, destitution, unemployment and crime.

The recent brutal killings of black people killing black people is an example of how dangerous this exponential threat is from Taiwan and the super-rich, white migrants of Mustique and Canouan to our people and our country.

The longer Taiwan and the super-rich, white migrants of Mustique and Canouan continue to not pay tax, the more starved of revenue our country will be become. This will break up our country and we will see an exponential growth in poverty, hunger, destitution, unemployment and crime.

Things are very bad now, but they will get a whole lot worse, and quickly, if the country does not get a huge increase in revenue.

SVG is going in the wrong direction. More people are going to jail than going to university to get a degree. There were 8 brutal killings reported in September 2017. The murder rate is high and it seems like it is rapidly getting higher. The streets in SVG no longer feel safe.

SVG needs the billions of dollars given away in tax exemptions to Taiwan and the super-rich, white migrants of Mustique and Canouan. We must act now to destroy the exponential threat from Taiwan and the super-rich, white migrants of Mustique and Canouan and end these tax and customs duties exemptions.

We could use the billions of dollars of annual revenue to create a knowledge-based economy and a safe society for our people. We could create thousands of new jobs by building factories and give our children opportunities for the future by providing free, high-quality education from pre-school to university.

According to Warrant Officer Ivan O’Neal BSc (hons) MSc, MBA, it is total lunacy to give away billions of dollars in tax exemptions to Taiwan and the super-rich white migrants of Mustique and Canouan and then run the SVG economy on peanuts.

This financial strategy of the SVG Minister of Finance, Gonsalves - who is not a university graduate in accounts nor finance – is killing our economy, killing our living environment, killing our society and killing our people.

SVG needs major changes to stop the blood running and to stop our country from breaking up further. We need change to avoid an exponential growth in poverty, hunger, destitution, unemployment and more brutal murders.

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