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View Full Version : AmCham rejects tax reform



NewsWhore
02-21-2008, 04:00 PM
The American Chamber of Commerce in the DR has come out against the idea of new fiscal reform, on the grounds that it would only bring higher taxes and an increase in prices, which would lead to reduced competitiveness. AmCham president Christopher Paniagua also questioned the government's continued subsidies on propane gas (LGP) and the energy sector. According to Paniagua, another fiscal reform would impede growth and the level of employment. Quoted in Hoy, Paniagua called for improved allocation of public funds, which in itself would represent a real restructuring of public finance.

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