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Showing posts with the label economy

Creating a product that would be manufactured in Haiti

Currently Hurko is designing a product that would be manufactured in Haiti, and more specifically La Gonave. It has been a while since I have been blogging, but behind the scenes I have been busy working.  Currently a product, which I can't mention, is being researched to be developed on La Gonave.  This is wonderful as it increases the island's presence, and it also stimulates the economy.  Together with the honeybee industry, the island economy is starting to grow. Not all the people on the island will feel the immediate impacts of development.  It takes time for any community to see results from job growth, but it is starting to grow. Stay tuned as we develop more information. Go Gonave!

Creating an iconic brand

Creating iconic brands that are based on the island of Gonave is very important.  Small business is the engine to any nation's economy.  With those small businesses, as they become more established, they develop into iconic brands. Gonave could easily develop retail and consumer good brands.  These brands could then be advertised all over the Caribbean, which would then push Gonave's influence in the business world.  Creating a brand is no simple task, but provides large rewards if that brand is successful. As Gonave gets more attention and focus, you can make a major difference.  You could possibly be the one that will create a business and launch a new brand for the world to enjoy. Go Gonave! 

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!