CITA: We support the open letter

The Cayman Islands Tourism
Association has said it supports many of the issues that were expressed by
private sector businesses in an open letter to the government that was printed
in the Caymanian Compass twice last week.

In a statement to the press, CITA,
which represents the interests of over 200 businesses of Cayman, said that it
is also opposed to any implementation of direct taxation, Value Added Tax or
duty and fee increases.

“CITA does not feel that you can
position the choice of direct taxation or raising duties/fees as an either/or
scenario.

“We further stress the message to our government published by
our colleagues that the fundamental issue is the need to reduce the size and
expense of government and divest other enterprises that would be better served
by the private sector,” read the statement.

The association noted that it felt that government should be
reducing taxes, fees and duties which it said would stimulate and grow the
economy, resulting in growth in government revenues.

“Doing nothing or increasing the cost of business will shrink
our economy,” said the press release.

Bullet
points

The tourism association laid out a number of bullet points that
it said needed further discussion before action was taken.

The concept of dredging a deep water channel in North Sound
must be limited. Whilst the association was supportive of developing services
for mega yachts, it said, other options are available.

Secondly, urgent action is required to manage the way waste is
handled on Cayman. Reducing waste volumes and ingraining recycling programmes
are essential, said the tourism association, and moving the problem elsewhere
would not be the solution.

“The dump can be moved, but only
if it is used as an opportunity to restore the contaminated brownfield site and
create a new modern waste management and recycling facility of the future,” continued the advisory.

Finally, the association reiterated
its commitment to initiate and facilitate informed debate about the possibility
for a referendum on casinos and gaming licenses.

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