AmbergrisCaye.com Home Forums Belize Life Living in Belize "San Pedro Taxes What do you think?" Open Thread

Amanda consider how much stamp duty is paid to the black hole called the Consolidated Revenue Fund annually (or even monthly) from real estate sales. It is astronomical.

If you add a portion of the stamp duty on real estate, some gst, business tax, hotel tax, existing property tax and an impact assessment fee, you would be in the black monthly.

The problem is not that enough tax dollars are not being generated, it's that they are not staying in your municipality.

If you consider the hotel tax collected in SP, that alone would cover the monthly budget.

And I am sorry, I just don't see why the poor resident in the back of the island should pay more property taxes because there is a need for a larger capacity reverse osmosis water plant because more water is needed to fill the ever increasing number of swimming pools on the front of the island, for example. (Not saying this is so, just using it as an example.)

Or to pay more to pave over once good roads ruined by "development" which are primarily for the enjoyment of visitors and purchasers of rich developments.

It just is not fair.