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The Dominican Sun
"Daily Dominican Republic News in English Since 2004"
Friday, June 22nd, 2012
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Labor: It’s up to the next Administration to hammer out tax reform
Story Text & Photos © 2012 by Dominican Today Jun 22 2012 18:02PM
Dominican Today - SANTO DOMINGO- Labor union leader Rafael Abreu believes it’s currently unwise to implement a comprehensive tax reform, and instead wait for the new administration to take office and agree on a fiscal pact which includes taxes on large holdings and capital gains. Abreu, president of the Federation of Unions (CNUS), on Wednesday said his sector prefers to wait for the new authorities to see if they’ll instil confidence, so society sheds its fear of a sweeping tax reform, since in his view all they’ve done is further burden the poorest. Interviewed by diariolibre. com, Abreu stressed that a fiscal reform is not prudent now. “This must stem from the confidence that the new government creates in society and it has never been clearly explained what the comprehensive tax reform is, because so far the reforms have been a burden to consumption and that affects employees. ” He said a true fiscal reform will be reached only when large holdings and capital gains are taxed, as in other nations. Read original at Dominican Today.

  

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(Posted 18:02 Friday by DRSol NewsHound. Viewed 10484 times.)
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