The new code covers 19 taxes, including such things as inheritance, environment, sales, transportation and farm land, various license fees and three contributions, including social security.
It’s a perversely absurd view of the issue. The truth is that the castro regime, like all other totalitarian ones, is concerned with complete control of the citizenry. Political control, economic control, it’s all the same and necessary for the retention of power which is the sole aim of despots. castro, inc. is interested in generating revenue wherever it can while maintaining as much control as possible. I’ve stated many times that if raul castro truly wanted to implement the “Chinese Model” economy into Cuba he could have done so by now. He doesn’t do it because he knows Cuba is not China and the Cuban people will not be so easy to control once they have more economic self-determination. The regime wouldn’t last six months under a Chinese type of economic system.
So when the state controlled industry, businesses endured a 100% tax rate, and the nation never rose to prosperity, never saw an increase in take home pay, never really ever saw a modern way of life take hold.
New Cuban Tax Just Same Old Communist Expropriation
the money workers could earn if free to choose their employers at wages that reflect their worth now all goes to the state and its “free” programs. Officially or not, it’s a tax well beyond 99%. And what a surprise, the Castro brothers just happen to have personal fortunes in the billions of dollars, according to the last Forbes estimate. That’s a lot of taxes.
The Castro dictatorship is looking to take cash from the supposedly independent new businesses it’s permitted to set up shop, originally as a way of cutting the bloated state employment rolls.
Far from being a market liberalization or modernization, the Castroite tax hike is nothing but a shakedown of businesses that are struggling to grow, and an effort to reassert the power of the state over its citizens.