No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveLegislative Support for Fiscal Reform in Question

Legislative Support for Fiscal Reform in Question

THE future of the Permanent FiscalReform Plan became a little dimmer thisweek when some members of the CitizenAction Party (PAC) and the SocialChristian Unity Party (PUSC) announcedthey may not vote to approve the long awaitedtax package.PAC legislator Epsy Campbell, whohas in the past supported the tax plan,announced that if certain changes aremade to the plan she may pull her supportand leave her seat on the fiscal commissioncurrently debating it, the daily LaNación reported.Campbell says the 1,635 motionsbeing considered by the commissioninclude changes to the plan’s text that distortthe original objective of the initiative.These include a large quantity of exemptionsto the value-added tax (IVA), theelimination of a commission of notablesin charge of overseeing the plan’s implementation,and rules regarding violationof fiscal regulations by public figures,according to La Nación.Divisions continued in the ruling party,PUSC, over the fiscal reform plan, meantto overhaul the country’s tax system.On Wednesday, a group of PUSC legislatorsasked President Abel Pacheco to presentalternatives in case of the plan’s failure,such as a two-year “contingency plan” toround up more government revenues withoutpermanently changing the nation’s taxstructure, according to La Nación.Libertarian legislator FedericoMalavassi, who opposes the plan, told thedaily that PUSC legislators are using theirinternal argument as a way of avoidingthe political risk of raising taxes in anelection year, particularly if the increasedresources will only be left to the presumedvictor of next February’s nationalelections – the opposition NationalLiberation Party.

Trending Now

Christina Aguilera Gives Rare Glimpse Into Family Life in Costa Rica

Pop icon Christina Aguilera is giving fans a rare and heartwarming window into her life as a mom, sharing a video recap of her...

Argentina Diplomat exits UN chief race, easing pressure on Costa Rican Candidate

Argentine diplomat Virginia Gamba has been removed from the race to become the next secretary-general of the United Nations after the Maldives withdrew her...

Living in Costa Rica: The Experiences That Make It Feel Like Home

The Costa Rica checklist. For the average visitor, it reads something like: Volcano, cloud forest, rain forest, beach, waterfall, coffee tour, etc. Think of...

Jannik Sinner Wins Miami Open 2026 to Complete Historic Sunshine Double

Jannik Sinner won the 2026 Miami Open on Sunday, defeating Czech 21st seed Jiri Lehecka 6-4, 6-4 in the men's final at Hard Rock...

Costa Rica Travel Bookings Rise as U.S. Flyers Act Before Costs Climb

Travel demand to Costa Rica is rising right now in a way that reflects more than seasonal patterns. It also shows how travelers are...

Costa Rica Faces Growing Calls to Restrict Social Media Use Among Children

A landmark jury decision in California is sending shockwaves through the global tech industry, and its ripple effects are now being felt in Costa...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica