Too many taxes

[NewsWhore]

National Private Business Council president Lisandro Macarulla disagrees with Jose Luis Machinea who said that the DR has some of the lowest taxes in the region. Machinea, the executive minister for the Economic Commission for Latin America and the Caribbean (ECLAC) says that the DR has some of the lowest taxes and that a new fiscal reform is necessary. Macarulla says he is confused by Machinea's comments considering that the DR has had four fiscal reforms in the last four years. Macarulla also said that according to an ECLAC report released in 2007, the DR had higher taxes than twelve Latin American countries studies, surpassed only by Chile, Honduras and Nicaragua.

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