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Former President Fernandez calls for tax increases

Former President Leonel Fernandez says that the government needs more revenue as the fiscal pressure at 14% is not enough to meet its spending.

He said that the greatest challenge for the macroeconomic sustainability of the DR is to increase revenues. In an interview for Mercado Magazine, Fernandez said that 14% is below the average for Latin America.

Diario Libre reports that during the 12-year Fernandez administrations more than 10 tax increases took place.

Source: DR1, DiarioLibre

Category: DR News |

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Last updated December 5, 2016 at 9:13 AM
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