THE GOVERNMENT BUREAUCRACY IN BELIZE IS KILLING INNOVATIVE START UP ENTREPRENEURS!
It is obvious Belize can have a segment of it's electrical needs provided by solar panels.
Despite the high USA deficit, OBAMA today announced a $2 billion move for three solar power companies in Colorado, Nebraska and Arizona to be built. He said, the USA is going to stay on the forefront of developments for the future.
At this same time, we are trying to arrange the importation of 50 - 3. 6 inch thin wafer solar cells weighing about 2 lbs by a friend from the USA to make an entrepreneurial pilot project by trial and error learning experience. The idea that maybe there is a future in it, in some fashion?
However, WHAT is the attitude of the UDP CABINET to entrepreneurial tax breaks, or other incentives to encourage inventiveness and other experimental start ups in BELIZE? We have nothing that I'm aware of, that is similar to the USA in BELIZE that works. To make it worse, anything that is done, is so heavy in paper work and bureaucratic red tape, as to make it useless. Then the BUSINESS PERSPECTIVES show of last Wednesday made it clear the INCOME TAX department is on a fresh predatory role against employers and employees.
After the IMF exercise just completed we can see the rational from CABINET about more INCOME TAX Department role as a predator bureaucracy. Yet innovation and entrepreneurial spirit cannot support the discouraging aspects of overwhelming costly government bureaucracy for small scale ( under $1 million ) businesses. A start up small business cannot absorb the expensive costs of government overhead costs. Better to do nothing.
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