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Santo Domingo.- Not even tripe is spared in the  government’s tax reform bill unveiled yesterday, which also increases sales tax (ITBI) from 16 to 18%.

The initiative, which does except some basic foods and utilities, insurance, housing rental, social security and public transport, would raise some RD$53.0 billion in additional revenue.

As expected, early reactions to the proposed tax reform presented by president Danilo Medina range from a “low blow” to a “sneaky punch,”

The proposed reform replaces the current tax to renew car license plates based on the model year, with a 1% tax of the vehicle’s value. It also eliminates the ITBIS tax exemptions of NGOs.

It also replaces the tax on luxury homes for a property tax of 1% of its value per individual, keeping the exemption of up to RD$5 million.

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COMMENTS
35 comment(s)
Written by: DONT_BE_SILENT, 5 Oct 2012 7:31 AM
From: Dominican Republic, NEVER FORGOTTEN, NOR FORSAKEN!
Save Big Bird Josie!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Written by: elBuscoon, 5 Oct 2012 7:33 AM
From: Cuba, La Havana, Que Viva La Revolucion

Oh Salami.... What do we do now?

We are screwed!!!!!!!!!!
Written by: josean, 5 Oct 2012 7:34 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Welcome to the Nightmare that the Fantasy of The little New York has become.

In METROLANDIA you will continue to pay more for less!


Written by: josean, 5 Oct 2012 7:39 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



DBS,

Saving PAJAROS is the PLD's job; look at effort they have mounted to keep Lie-onel out of JAIL!



Written by: josean, 5 Oct 2012 7:45 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



¡querian morao, cojan morao!


Written by: dreadlocks, 5 Oct 2012 9:58 AM
From: United States
well, where are all those guys who told us what a great job Leonel had done? yes, the ones who told us how he had "modernized" the country. well, fellas, now you understand the concept of "smoke and mirrors". he put everything on the credit card. now the bank wants the money.
Written by: josean, 5 Oct 2012 10:07 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

Dr. Dread,

They are now bloviating about how under TAXED we are; but when Lie-onel was borrowing from the International Loan Sharks they never said a PURPLE peep about raising the revenues via TAXTION rather than borrowing our great, great grandchildren’s future away!


Written by: dreadlocks, 5 Oct 2012 10:19 AM
From: United States
1% of the value of a car as the cost of the placa. nice. internet up 10%. nicer. the crap is about to demolish the fan. Atabey, this is about the point where i would like you to make a triumphant entrance.
Written by: JHCL2016, 5 Oct 2012 10:20 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!

Reviewing the "proposed" reform, it's not that bad. It's more progressive than what we thought about it yesterday.

Don't view it with political emotions, give it a try. Example: One of those fancy cars, Ferrari de 500 mil dolars, that car will pay $1.9 million pesos each year. No poor or even midlle class can complain about it.

Mas pa'lante y manos a la obra que ya estamos trabajando

8-)

Danilo es Presidente, Leonel 2016!
JHCL2016@yahoo.com / PLD.NEPA@gmail.com
Written by: dreadlocks, 5 Oct 2012 10:21 AM
From: United States
says JHCL

Written by: JHCL2016, 5 Oct 2012 10:20 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!

Reviewing the "proposed" reform, it's not that bad. It's more progressive than what we thought about it yesterday.

do you know what the term "regressive taxation" means?
Written by: BASTA, 5 Oct 2012 10:22 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all Never Confuse Education with Intelligence
Danilo es Presidente, Leonel 2016!== poop poop
Written by: JHCL2016, 5 Oct 2012 10:25 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!

The 1% to the dividends earned in bank accounts/CDs, etc.... That's a good tax, just like in the USA. Who has the most money in the banks, the rich!

A poor can have as much as 10 mil pesos which only generated about 200 pesos in dividends, that would tax a 1% on 200 pesos, resulting in $2 pesos in taxes.

But the rich rich might rather take the money out and invest it in a business which will produce employment.

Good good, win win!

Mas pa'lante y manos a la obra que ya estamos trabajando

8-)

Danilo es Presidente, Leonel 2016!
JHCL2016@yahoo.com / PLD.NEPA@gmail.com
Written by: JHCL2016, 5 Oct 2012 10:26 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!


Another one, removing the 2% to LOANS. This will lead to people to borrow more to invest in a business or simply to buy another property.

Good good Win win!

Mas pa'lante y manos a la obra que ya estamos trabajando

8-)

Danilo es Presidente, Leonel 2016!
JHCL2016@yahoo.com / PLD.NEPA@gmail.com
Written by: JHCL2016, 5 Oct 2012 10:28 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
Another one, tax on alcoholic beverages, will tax that vice and maybe even help reduce alcoholism, accidents, child abuse, less femenicidios, less hurting!

Good good Win win!

Mas pa'lante y manos a la obra que ya estamos trabajando

8-)

Danilo es Presidente, Leonel 2016!
JHCL2016@yahoo.com / PLD.NEPA@gmail.com
Written by: JHCL2016, 5 Oct 2012 10:33 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!


REMINDER: It's still a "proposal", not a law yet. Hopefully, they will realize that the nex taxes will be more than enough, and they will reduce the ITBIS to 15% instead of raising it to 18%.

Como diría nuestro lider, Dr. Leonel A. Fernandez, "ojalash asih sea"!


Mas pa'lante y manos a la obra que ya estamos trabajando

8-)

Danilo es Presidente, Leonel 2016!
JHCL2016@yahoo.com / PLD.NEPA@gmail.com
Written by: BASTA, 5 Oct 2012 10:59 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all Never Confuse Education with Intelligence
Oh my gosh.I wonder what the value of my 1975 BMW Cabriolet 2002 would be. 0? 750,000?
Written by: dreamkiller, 5 Oct 2012 11:02 AM
From: Cocos (Keeling) Islands, Fighting Joseans lunacy .Stop Guillermo the commie thief in 2016
Josean and Dread the head whiners and complainers .....together again
Written by: RoyStone, 5 Oct 2012 11:50 AM
From: Australia
These increases will not be sufficient to eliminate the practice of mortgaging the future. It is just a gesture to this banana-republic's creditors to allow the government to borrow even more. The current tax system is progressive since the majority of Dominicans don't pay any tax other than ITBI while enjoying subsidies on almost everything, and most government services free.
Written by: JHCL2016, 5 Oct 2012 11:58 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
@RoyStone,

Agreed, but remember that it's just part of the overall tax plan for the global development of the country. There is a "plan de desarrollo" which will be in place by 2030, so this is just, kind of, Step 1.

Grano a grano, paso a paso, Metro line a Metro line will get there!

Si o no?


Mas pa'lante y manos a la obra que ya estamos trabajando

8-)

Danilo es Presidente, Leonel 2016!
JHCL2016@yahoo.com / PLD.NEPA@gmail.com
Written by: JHCL2016, 5 Oct 2012 12:30 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!


Don't let no one tell you crap, here's the full document of the proposed tax reform!

economia.gob.do/UploadPDF/pactofiscal.pdf


Mas pa'lante y manos a la obra que ya estamos trabajando

8-)

Danilo es Presidente, Leonel 2016!
JHCL2016@yahoo.com / PLD.NEPA@gmail.com
Written by: dreadlocks, 5 Oct 2012 12:47 PM
From: United States
says JHCL

Written by: JHCL2016, 5 Oct 2012 11:58 AM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
@RoyStone,

Agreed, but remember that it's just part of the overall tax plan for the global development of the country. There is a "plan de desarrollo" which will be in place by 2030, so this is just, kind of, Step 1.

Grano a grano, paso a paso, Metro line a Metro line will get there!

i have no idea what you are rambling on about. these tax issues have to be dealt with NOW. this is an IMF situation we are dealing with. they want the DR to shore up the rax base, so they can repay any money they borrow. i have no idea what you are referring to, when you refer to the year 2030. quite frankly, i do not think you do, either.
Written by: JHCL2016, 5 Oct 2012 12:54 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
DL,

Para que te mate tu mismo....

Proyecto de Ley Estrategia Nacional de Desarrollo. República Dominicana 2030
end.gov.do/download/Anteproyecto_de_Ley_de_END_RD_2010_2030.pdf

8-)

Ps. That's why it's almost impossible have a levelled discussion with a bunch of DL readers, lack of information or experience in the topics being covered; solo blah blah blah!
Written by: dreadlocks, 5 Oct 2012 1:00 PM
From: United States
JHCL, what i have forgotten , you will never learn. you are incapable of having what you characterize as a " levelled discussion", because you do not have the tools. i would never waste my time debating you. never, ever.
Written by: JHCL2016, 5 Oct 2012 1:15 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!


DL,

Lo que usted diga sabiondo! You've been found out buddy! Just another boca abierta babbling 24x7 with no reality!

Now, take your seat and STFO!

( *;@ )

DL: Otro perruno pphachuno que salio ABOLLA'O!
Written by: josean, 5 Oct 2012 1:19 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


Manito it's easy to support TAXES on the Dominican people while you live comfortably on your PURPLE BOTELLA in Pennsylvania !

Today the PLD has you on warp speed posting PURPLE TALKING points trying to defend this criminal assault on the Dominican tax payers!


Written by: JHCL2016, 5 Oct 2012 1:30 PM
From: United States, EN PUNTA CANA: Jose H Con Leonel 2016!
Josean,

Nunca en mi vida have received any $$$ del algun gobierno or whatever! Only help I have received in my life was:

* Free braces when we arrived in Long Island NY
* Pell Grant to pay SUNY
* TAP to help with College expenses (room, food, books)

After that, the U.S. goverment have received hundred times more from me in income taxes....

To receive help and botellas/chequesito might be your modus operandi...

( *;@ )

Josean: Another one que salio ....

Ps. I don't work for any political party!
Written by: josean, 5 Oct 2012 1:34 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016


I believe you ;-)!


Written by: dreadlocks, 5 Oct 2012 6:32 PM
From: United States
JHCL, if you got a pell grant to SUNY, how did you get away with spending the money buying roosters?
Written by: MrThelmoAlmeydaRancier, 5 Oct 2012 6:50 PM
From: United States, NJ
I agree with Roy 199%
Written by: dreamkiller, 5 Oct 2012 7:53 PM
From: Cocos (Keeling) Islands, Fighting Joseans lunacy .Stop Guillermo the commie thief in 2016
Dread calm down....your Mágic 8 Ball should not make you feel so superior....your little buddy josean does not even have a GED and you guys are about the same intelectual firepower
Written by: josean, 5 Oct 2012 7:58 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



It's past your bedtime CUBANITO put your teeth in the cup and go to sleep!




Written by: josean, 5 Oct 2012 7:59 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



Speaking of MONDONGO/TRIPE!

Written by: dreamkiller, 5 Oct 2012 8:04 PM
From: Cocos (Keeling) Islands, Fighting Joseans lunacy .Stop Guillermo the commie thief in 2016
Dread calls it haggis because he is of Scottish descent
Written by: RoyStone, 5 Oct 2012 8:08 PM
From: Australia
dreamkiller,
Much as I disagree with some of Dready and Josean's leftist opinions, they tend to back them up with data. Perhaps you could learn from this?
Written by: dreamkiller, 6 Oct 2012 3:17 PM
From: Cocos (Keeling) Islands, Fighting Joseans lunacy .Stop Guillermo the commie thief in 2016
Roy i am just a shit stirrer .....pay no attention .....Dread and josie are serious scholars
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