LOW TAXES HARVEST ENTREPRENEURS AND INNOVATION.

An entrepreneur is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inherent risks. Innovation is invention plus introduction, and it is increasingly seen as crucial for economies and governments alike. Expanding economies no longer produce more of the same products, but rather ever more new products with additional value. Innovation is today the most important driver of economic growth. It relies upon a social climate supporting entrepreneurship within a culture of economic and intellectual freedom. Wise policymakers (legislator or parliamentarians or senators) understand the need to encourage this kind of "innovation. The key to harvest entrepreneurs and innovators is to make sure taxes across the board remains low. Remember these people is taking risk to create a new business, and it is only wise and natural you will try something new where your chances is better to succeed which is in an economy of low taxes. Government does not create jobs the private sector does. The private sectors (which are the entrepreneurs and innovators) will only try something new if we keep especially our turn over tax and sale tax low. Tax free or tax reduction is good for a tourist economy, what we have to do as a country is to make sure that the workers is not treated in an unfair manner, we have to explain the entrepreneurs and innovators that permanent employment as long as you're doing business should be factor in as part of your risk. It is my advice to government that any company be it local or foreign that is employing more than 50 people permanently should get a 2 years tax break. Increase in employment is increase in income tax. Those over 200 workers once they agree with permanent employment will get 10 years tax break. As we have seen already this year that our revenues of turn over tax has decrease. This is because entrepreneurs and innovators prefer to venture in new business some other place and it deters investment in our economy. Where government can increase tax is specifically in two areas, which are sale of alcohol and tobacco. We can call it a consumption tax, I personally will increase taxes on the collection of garbage because for a tourist island StMaarten is to dirty and we should impose fines for people who litter with punishment in prison if necessary. I personally believe that all Dutch citizens of St. Maarten who venture into a new business should get one year tax free. I see it as promoting ownership of country. There are certain articles that should be amended in our constitution; our constitution is written in a manner that will harvest corrupt legislators, senators or parliamentarians that is interesting in using parliament and government as a tool for self enrichment. This is exactly what entrepreneurs and innovators do not trust. Entrepreneurs and innovators like to create business in an honest and legal system that is fair to all people. Parliament should be the example of moral & ethics, but presently in our parliament what is taking place is a environment that is not fit to lead people when many of them is breaking ethics that they should be a living example of. The conclusion is that low taxes in a tourist economy will harvest entrepreneurs and innovation. It is up to you St. Maarten to be wise and do the right things that will foster economic good.

Yours truly,

Miguel Arrindell