SANTO DOMINGO.- The unions yesterday asked the business sector to meet to negotiate a general wage increase, including taking the tax exempt salary to RD$30,000 per month.
Information fered it yesterday Rafael Abreu, vice president of the unions grouped in CNUS, who said they won’t take their request to discuss a wage increase to the National Wages Committee, because of its limitations. He said the unions plan a direct discussion with industry and business leaders grouped in Conep and Copardom.
Abreu said the National Wages Committee can only discuss the minimum wage, which causes a large number of workers who earn more to be excluded from the increase.
Abreu said the fact that 26,000 pesos per month wages are exempt from income tax, shows that the government itself recognizes that it’s not a salary to live decently on.

These UNION LEADERS are looking at a tremendous WAGE INCREASE for themselves, but totally disregard the impact such an increase will have on the rest of the citizenery of the country.
What about those OUTSIDE of these unions. Will they not be severly impacted by the product price increases generated by their demands??
It is an economic fact thet companies will have to adjust their own prices upwards to compensate for an increase of this size to a small segment of the population.
It's called the DOMINO EFFECT and is disasterous to to those outside of the union demanding such.
Ask yourself how many people would be affected and what companies would be in the "negotiations", what the present wage scale is for the current union menbers who want their cake and eat it too.
TB
Price controls are NOT the answer to the problems of high prices in ANY country.
Moreover, such controls ALWAYS lead to much more corruption than presently exists in society and business.
That lesson was learned in the USA during WWII andthe"Black Market" was a given. You would have the same thing here, given the propensity for people to seek a marketplace where they can acquire their needs and desires at will. The results of "Price Controls" is an underground marketplace of no controls at all.
Perhaps you should research the subject to gain a better understanding of market forces and their impact on all prices.
TB
Many countries do their best to keep their currencies stable in the international monetary arena. China has been a major player in this regard. There are also other countries that follow their lead, but very few have the capability of doing so sincetheir reserves are limited. Especially those with a limited production and Export capability, such as the DR.
TB
- Taxes are also an effective remedy – perhaps better than price controls, because the government gets the money. ....Brilliant economic theory by our resident communist stooge and apparachik
Are you SURE about Belial's real name?
Where did you find it?
TB