NewsWhore
12-27-2006, 05:30 PM
The Chamber of Deputies sent the new tax reform package yesterday to a special committee with instructions to report its findings the next day. The eleven-person committee includes members of the opposition. Ramon Cabrera, the committee chair said that it is possible that his group would not change the legislation, since the Senate had debated the issues quite enough. If the Chamber of Deputies makes changes, the bill would have to return to the Senate for approval. Several Reformist (PRSC) party members requested that their names be excluded from the ad-hoc committee. PRSC deputy Ramon Rogelio Genao distributed black handkerchiefs to members of the chamber as a protest against the new tax proposals. He said, "black is the color of sorrow, and this symbolizes the sorrow that Dominicans will experience if the cost of living goes up..."
The tax bill has met with widespread opposition primarily from business sectors, this time, that argue that the needed funds can be obtained if the government cuts its own superfluous spending.
Technical Minister of the Presidency Temistocles Montas announced the Executive Branch would submit the RD$254 billion proposed budget to the legislature today. The government is pressuring for an approval of the budget this year.
More... (http://www.dr1.com/index.html#1)
The tax bill has met with widespread opposition primarily from business sectors, this time, that argue that the needed funds can be obtained if the government cuts its own superfluous spending.
Technical Minister of the Presidency Temistocles Montas announced the Executive Branch would submit the RD$254 billion proposed budget to the legislature today. The government is pressuring for an approval of the budget this year.
More... (http://www.dr1.com/index.html#1)