Government contradictions
czwartek, luty 26th, 2009Writing in today’s Diario Libre, economist Alejandro Fernandez comments on the contradictions between what the government requires of the private sector and the leeway it allows itself. As example of how while the private sector has had to tighten its belt in contrast with the public sector, he points out that as of October 2008, the government spent 30% more on payroll than it did in October 2007. He also says that December 2008 was a record month for the government to contract public debt - almost RD$1 billion per day. He writes that this was the consequence of having to balance the accounts for the year, even if our children will be the ones who pay.
br
He also makes the point that while the Department of Taxes (DGII) levies heavy penalties on taxpayers who are behind with their payments, the government is already 120 days late in publishing [...]
Original post by WP-AutoBlog Import