DR1 Daily News - Dominican Republic

The president of the Senate, Ricardo de los Santos (PRM-Sanchez Ramirez), has emphatically stated that the Dominican Republic currently lacks the economic conditions to authorize the indexing of salaries, effectively dismissing a bill introduced by opposition senator Omar Fernández (Fuerza del Pueblo – National District) aimed at relieving the tax burden on lower-income workers, as reported in Hoy.

The Fernandez proposal, which seeks to index the Income Tax (ISR) for monthly incomes up to RD$52,000, was met with immediate resistance from lawmakers of the ruling Modern Revolutionary Party (PRM). Given the PRM’s absolute majority in the Senate and the Chamber of Deputies, their opposition signals a high probability that the bill will not pass.

Senator De los Santos explained that while Fernández’s proposal “is very well received by society,” the nation’s fiscal reality prevents...