The point is that there should be property taxes: there is not a viable society anywhere that is able to provide social services and utilities without a property tax base.

Most regular readers are very aware that I am not exactly a huge proponent of Government programs, but there are some things that cannot be handled on an individual basis, even when the "individual" is a large developer

There is a very simple way to graduate taxes that would exempt most residents of DFC housing while expecting the owner of a $1million vacation home to contribute towards the cost of the police and clean water that they would like to be able to rely upon.

In the example just questioned, the sales tax and hotel tax from South Beach would be a net gain for San Pedro, as the sewer and security will be in house expenses.

Were San Perdo able to tax, keep and allocate the revenues, Belize's cash cow would be in much better shape than it is now with Belmopan appropriating the funds


It's rarely rocket science, it's usually just math: then again if you can't do the math.......