NewsWhore
07-21-2006, 04:12 PM
Economist Victor Canto proposes that the government concentrate on only two taxes - ITBIS and income tax and that these two be levied at a fixed 15% and be applied to all products, persons and companies. He said in an interview with the Listin Diario that this would simplify the collecting of taxes and less staff would be required to unravel the present multi-tax system. Canto, who participated in the fiscal reform in Puerto Rico, was also an advisor to late US President Reagan.
Canto is also proposing that the government allow the opening of checking accounts in foreign currency.
Link To Original Article (http://www.dr1.com/index.html#10)
Canto is also proposing that the government allow the opening of checking accounts in foreign currency.
Link To Original Article (http://www.dr1.com/index.html#10)