He economist José Luis de Ramón He stated that it was surprising that the Government presented a project of reform fiscal that contemplated increasing the collections in more than 120,000 million, but of them he was going to spend 110,000 million pesos, which meant that the deficit was not going to improve fiscal.
De Ramón expressed that if the Government collects more and spends more, “the ratio of interests to be paid on income tributaries is going to go down, but the problem of millions of dollars, which is what really counts, was not going to be solved with that reform“.
According to a press release, De Ramón maintained that with the numbers presented by the government“that reform was not going to attack the deficit”, so “with reform and without reform the country was left in a neutral situation with respect to the deficit fiscal“.
He considered that by presenting a project of reform “excessively large”, government was left with nothing in terms of increased collections prosecutors.
Interviewed by Pablo McKinney in the program television “McKinney”, by Color Vision, De Ramón said that Republic Dominican has enjoyed a privileged position to obtain loans on better terms than Colombia or Brazil, because it has had central governments that guarantee payment of the debt.
“That reform no one wants it,” said De Ramón, who maintained that no one economist He defends that the tax incentives that are still in place should not be touched.
He stated that the preparation of the reform fiscal It seemed to have a design to confront all sectors of the country, instead of seeking a consensus, because there are incentives that can be suppressed, but others are essential for doing business.
He defended a differentiated Itbis (Tax on Transfer of Industrialized Goods and Services) rate so as not to hit strategic sectors of the economy, as happens in Spain, where this tax is lower in hotels and restaurants so as not to affect tourism.
De Ramón drew attention to the danger represented by putting taxes at earnings savings because that could encourage capital outflows to seek exemptions in countries like the United States.
Situation
However, the economic expert said that it is necessary to take into account that for every peso that the treasury collects, it has to dedicate 25 cents to pay interests of the debt external.
De Ramón expressed that, under current income conditions, the government of Luis Abinader runs the risk of doing three years with more of the same, spending payroll money, paying interestswithout public investment “and the four years were gone.”
The expert stated that the government will face a wave of reviews and demands to reduce spending and combat evasion, which in his opinion would take on the nuances of suppressing “illegal pensions.”
He considered that Republic Dominican It can take advantage of the global crisis situation due to the North American policy of favoring neighbors and friends, but for that the country has to improve the people’s education levels.
