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Fri 12th Jan 2018

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Chasing tax – what about Taiwan and the super-rich, white migrants of Mustique and Canouan?

Gonsalves has claimed that EC$301.8 million is owed in taxes to the SVG government. If Gonsalves intends to chase Vincentians for tax, why doesn’t he chase Taiwan and the super-rich, white migrants of Mustique and Canouan for tax too?

The tax system in SVG is unfair. Vincentians already suffer under the high taxes imposed by the ULP regime. Yet, Taiwan and the super-rich, white migrants of Mustique and Canouan do not pay tax.

If the government is short of money, it should start taxing Taiwan and the super-rich, white migrants of Mustique and Canouan.

The Mustique Act No 48 of 2002 is financially foolish and highly immoral. The Act grants the white, super-rich foreigners of Mustique blanket tax and customs duty exemptions. This chokes off hundreds of millions of dollars of revenue in tax and customs duty from the SVG economy and treasury. This is totally unacceptable and bad for our economy.

Taiwan has been using SVG’s deep-sea, tuna fishing licence and SVG’s national flag for many years. Taiwan fishing vessels in the Atlantic Ocean, recognised as local fishing vessels from SVG, should be offloading their catch in SVG.

Taiwan has made a fortune using SVG’s tuna fishing licence, however Taiwan does not offload its fish catch in SVG and does not pay fish tax to the SVG Treasury.

The dirty parasite Taiwan has taken advantage of our country and SVG’s fish licence to fish for tuna in the Atlantic Ocean. It is conservatively estimated that the dirty dog, Taiwan, has deprived the SVG economy of over EC$2 billion a year over the past twenty years. This equates to about EC$40 billion in fish tax owed to our people.

The ULP regime must stop turning a blind eye to this big source of revenue loss and tax evasion. Taiwan and the super-rich, white migrants of Mustique and Canouan need to start paying tax.

SVG Green Party calls on Taiwan to pay the SVG Treasury EC$40 billion in fish tax immediately. Alternatively, the grossly incompetent SVG Minister of Finance, Gonsalves, should impose a windfall tax of EC$40 billion on Taiwan immediately. Taiwan has massive financial reserves. They can afford a EC$40 billion windfall tax.

A Green government would abolish the Mustique Act No 48 of 2002; this will bring the SVG Treasury hundreds of millions of dollars of revenue. We will use this revenue to build factories, create thousands of new jobs, create a strong economy, set up a tuna fishing and canning industry, build a science and technology university, set up a renewable energy industry to reduce electricity prices and provide free wireless internet.

Gonsalves’ efforts to chase Vincentians for the EC$301.8 million owed in taxes to the SVG government seem pointless and grossly biased, when there are billions of dollars in tax exemptions given to Taiwan and the super-rich, white migrants of Mustique and Canouan.

Gonsalves must chase Taiwan and the super-rich, white migrants of Mustique and Canouan for tax too.

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