The government’s aim was to bring tax reform to light. With the adjustments he deliberated, he intended to fund other structural reforms and expand social rights. Now we need to reassess our agenda.
Yesterday, Wednesday, Presidential Palace Gabriel Bolick Suffered a crushing defeat in Congress: MPs rejected the idea of enacting a law tax reform .
This project is one of the executive program’s most iconic.boarded Substantial amendments to tax law income tax and other tax burdens (such as new taxes on wealth), and the application of new anti-evasion and tax evasion rules.
It was also the basis for funding a series of plans It also contemplates the President’s program to celebrate his first year at La Moneda in just two days.
Given that the initiative has backed off in the House, the government can assess whether it will exercise its right to make a case in the Senate.
Government plan to fail without tax reform
Finance Minister Mario Marcel argued that the investigation showed that Chile’s tax burden was below the OECD average.
The government’s aim was to bring tax reform to light. With the adjustments he deliberated, he intended to fund other structural reforms and expand social rights.
For example, the reform calls for increasing the amount of the Universal Pension (PGU) to $250,000 and expanding childcare entitlements for working parents (regardless of company size).
The government has also encouraged people to donate the most and reduce tax evasion and evasion, so that “each person donates what he has.”
A supplementary document was added to the project, stating that it “expands social rights, promotes productive diversification, protects the environment, and provides security for citizens.”
Elements of personal taxation are used to fund the expansion of social rights such as health and the expansion of the national health care system.
The resources gained by limiting exemptions and reducing avoidance and avoidance were intended to contribute to “productive diversification and investment in innovation.”
“Those who evade taxes rejoice”
Finance Minister Mario Marcel regretted that the House of Commons rejected the idea of enacting tax reform.
Quite frankly, the head of financial resources asserted that the situation would be celebrated by “tax evaders” and that what happened in Congress was a “national defeat.”
He explained that there would be no more legislation on the issue for another year.
Finally, Marcel informed that this entire situation would be assessed with President Boric “to see how the government’s agenda continues”.
Source: Biobiochile
