2003News

Viyella and Macarrulla on fiscal reform

Elena Viyella de Paliza and Lisandro Macarrulla urged the implementation on a national fiscal reform, and asked that the best interests of the country as a whole be kept in mind. The goal for the reform should be to increase competitiveness of Dominican business, especially with the imminence of the signing of a FTA with the United States and Canada next year. Macarrulla said integral fiscal reform needs to be drawn up, and the practice of placing band-aid measures on the economy needs to be discontinued. “We cannot continue to create new taxes every day,” he said on the CDN interview. For her part, Viyella felt additional priorities would include a bolstered judicial security and a universal and equalitarian application of taxes. “There needs to be good governmental fiscal administration,” she said. Macarrulla disclosed that the business sector is studying alternatives to further taxation, which will be proposed during next month’s business convention. Macarulla expressed his hope that fiscal reform would become an instrument for development and highlighted that the country would not get out of its financial troubles by taxing business more. “The solution is not a tributary one,” he stressed, saying also that the effects of the eventual free trade agreements and upcoming elections on business also need to be taken into account.