NewsWhore
06-17-2011, 04:50 PM
Writing in today's Diario Libre economist Gustavo Volmar comments on the high cost of government inefficiencies for taxpayers in the Dominican Republic. He makes the mention picking up on the negative externalities mentioned by President Fernandez as the reason for submitting a major increase in taxation.
Volmar says that the government should compensate taxpayers for the public externalities created by the government itself that have a negative impact on citizens. He says that these include the high cost borne by all of such a deficient electricity industry, with 50 years of blackouts, brownouts and other weaknesses and the high charges for users.
He adds that the excessive red tape in all branches of government has increased the cost of living and doing business in the DR.
A third negative externality caused by the government is corruption.
"Since the government does not directly compensate for the negative externalities it generates, it should at least compensate for them indirectly, using the funds that it has not paid to provide good public services. But that also fails in regards to services such as education and health that here are among the most deficient compared to any country at our level," he writes. "The government sees and wants to tax the negative externalities caused by others, but does not seem to see its own," he concludes The writer can be contacted at: gvolmar@diariolibre.com
More... (http://www.dr1.com/index.html#3)
Volmar says that the government should compensate taxpayers for the public externalities created by the government itself that have a negative impact on citizens. He says that these include the high cost borne by all of such a deficient electricity industry, with 50 years of blackouts, brownouts and other weaknesses and the high charges for users.
He adds that the excessive red tape in all branches of government has increased the cost of living and doing business in the DR.
A third negative externality caused by the government is corruption.
"Since the government does not directly compensate for the negative externalities it generates, it should at least compensate for them indirectly, using the funds that it has not paid to provide good public services. But that also fails in regards to services such as education and health that here are among the most deficient compared to any country at our level," he writes. "The government sees and wants to tax the negative externalities caused by others, but does not seem to see its own," he concludes The writer can be contacted at: gvolmar@diariolibre.com
More... (http://www.dr1.com/index.html#3)