“Danilo Medina criticizes tax reform and warns of effects on the middle class and the poor”

EFE
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Santo Domingo.- The president of the Dominican Liberation Party (PLD), Danilo Medina, criticized this Sunday the tax reform proposed by the Government and assured that it will affect the middle class and the poorest sectors, by making their living conditions even more expensive.

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According to Medina, the tax reform would aggravate the population’s difficulties: “What that tax reform does is make people’s lives more expensive and difficult.”

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On June 11, the Government presented a broad tax reform that includes an increase in income tax, the creation of new taxes and the elimination of others, in order to raise about 850 million dollars annually and thereby face the effects of the international crisis, in addition to boosting the competitiveness of companies.

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You can also read: Danilo Medina: “Abinader has not paid the old debt; he has indebted the country even more”

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The “main fiscal consolidation measure” proposed is the increase from 27% to 30% of the income tax (ISR) for large companies, those that reported revenues of more than 1 billion pesos (about 16.6 million dollars) last year, which will be applied for three years, according to the Minister of Finance and Economy, Magín Díaz.

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According to Medina, who spoke after an assembly of PLD members and militants held this Sunday in Baní, “the Government does not care about people’s lives.”

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According to the former president of the Republic, the authorities have not wanted to understand the vicissitudes faced by the Dominican people.

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“The Government has not wanted to understand that the people are suffering hardships, that the people cannot bear the cost of living, that they cannot bear the lack of opportunities for the youth, that they are not safe where they live, where they sleep, and that they are also not tolerating acts of corruption without sanction,” he declared.

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Medina attributed the State’s economic situation to the Government’s current spending and rejected the idea of addressing it by affecting citizens’ income.

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“Because the disaster caused by the current spending of the ‘happy’ Government, squandering State money, they now want to solve it by taking what little is left from the pockets of Dominican men and women. And that cannot be,” he concluded.

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Furthermore, Medina indicated that “the lack of opportunities” is forcing many people to leave the country.

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“People want to leave the country, I already said it here, people want to leave the country because there are no opportunities to live. And it is a shame that the Dominican Republic today leads the Latin American ranking of people who want to leave the country,” he stated.

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He stated that, according to a recent survey of Latin Americans on whether they would leave their countries if given the opportunity, the Dominican Republic ranks first, with 46 percent of people expressing a desire to emigrate.

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