Simple tax plan

For Gonave to have a robust economy yet bring in revenue, there has to be tax.  I think a very simplistic low tax is very important.  Ideas would be no capital gains, no interest tax, sales, or dividend tax.  While that may sound crazy it will lead to a major advantage over any economy in the Western Hemisphere

People who work in Gonave should be taxed in Gonave, and that personal income tax rate should be at 15% to 20%.  Corporate tax should be at 16% to 21%.

This type of structure will allow companies to invest heavily due to the lower tax rate.  Citizens only have to worry about paying income tax which again is relatively low.

Other taxes, such as fuel, property, and cigarette tax could also be imposed.


Go Gonave!

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