The recent presentation of Dominican government The “fiscal modernization” project left a lot to talk about due to the measures it brought with it, such as the increase in taxes on services, goods and products. The former senator and candidate for the general secretary of the PLD, Yván Lorenzowas not silent either and expressed his special concern with the restructuring of the Tax to Real Estate Property (IPI), ensuring that “citizens will lose the dwelling“.
If approved reformthe exempt minimum will be established at the equivalent value of a dwelling low cost (5,025,380.75 pesos) and 1% of the surplus will be paid.
This measure worried the former senator He understands that the General Directorate of Internal Taxes (DGII) does not have the capacity to verify all the homes to be taxed and taxpayers would be careless “and may lose their dwelling“for the fines and delays they would incur.
In his opinion, the reform Not only would it greatly affect the middle class“, but it would also discourage foreign investment.
The former legislator understands that the government must reduce current expenses to free up resources for investments and points to the 100,000 public positions created in the management of the PRM, to which it adds pensions.
- Other savings would come from reducing the energy deficit which, he said, has increased. The government has fallen into a fiscal trap, he analyzes, by carrying out the investment lowest public debt in the last 72 years and yet increase indebtedness.
Lorenzo criticized that the government has not initiated strong measures against evasion and the elusion before embarking on a tax increase.
He also criticized what he understands to be the absence of dialogue prior to sending the reform to Congress “in order to create a consensus.”
