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Showing posts from January, 2020

How Sandals Under Develops the Caribbean

How Sandals Under Develops the Caribbean Perry Douglas, Jan 1, 2020 “To lay, with one hand, the power of the government on the property of the citizen and with the other to bestow it upon favored individuals to aid private enterprises and build up private fortunes is none the less a robbery …” ~ Samuel Miller Sandals, is known as a “great business” the king of the all-inclusive; however, as the real facts are laid out  – Sandals “success” has been driven through state-sponsored capitalism. Sandals ability to manipulate political leaders to achieve ridiculous tax deals is fundamentally responsible for a lot of their success. In the case of Grenada, Sandals for example, in 2012 was looking to put another all-inclusive resort in Grenada, my country of birth, the Government of Grenada saw it fit to award Sandals with multiple multi-million dollar tax breaks (waives corporate taxes for 29 years, property taxes for 25 years, customs duties on all capital inputs for 25  years and