NewsWhore
12-04-2006, 05:40 PM
President Leonel Fernandez will address the Dominican nation tonight to give details of what his people are calling a "tax correction". Since announcing the need for additional income during his trip to Washington DC, the entire nation has engaged in debate as to whether the government really needs more money or just better administration of the current income levels. Last month, 36 commercial and industrial associations joined in a letter asking the President to re-think the whole process. In today's Listin Diario, reporters suggest that the President might well avoid increasing VAT on a series of items. The speech, which will be broadcast by several local television and radio stations, begins at 9 this evening. According to the paper, the plan is to levy taxes on sports betting and gambling, and there is speculation that the government might return to an ad valorum tax for articles that are currently under a selective consumer tax.
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