No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveMore Bad News For Tax Plan

More Bad News For Tax Plan

LAST week, legislators voted in favorof applying a fast-track procedure to thetax reforms that have already spent threeyears in the Legislative Assembly (TT,May 27). This week, however, the 18assembly members from the SocialChristian Unity Party (PUSC) – the partythat has been the plan’s primary proponent– proved to be split in their opinionsabout the reforms. The bone of contention:whether the Permanent FiscalReform Package, as it is formally known,helps or harms the nation’s poor.Gerardo González, a PUSC memberand president of the assembly, told LaNación he thinks the tax plan will hurt thepoor and should be modified before beingpassed. Fellow assembly members MiguelHuezo, Federico Vargas and GloriaValerín said they and nine other PUSClegislators agree with this position. If theirclaim is correct, PUSC supporters of theplan are in the minority within the assembly.Mario Redondo and Olman Vargas,members of the commission that analyzedthe tax plan, are part of a group of PUSClegislators who say the plan will benefitthe poor, according to the daily.This is the position of President AbelPacheco, also a PUSC member. He hasvigorously promoted the plan since sendingit to the assembly in 2002, and maintainsthat it would create a more equitabletax scheme in which the rich shouldermore of the burden.Redondo told the daily González doesnot understand the plan. Valerín, in turn,said Redondo and Vargas have refused totake into account their fellow PUSCmembers’ suggested modifications.

Trending Now

Trial begins in Panama over alleged Odebrecht bribe laundering

Former Panamanian president Ricardo Martinelli, now in asylum in Colombia, and around 20 other defendants went on trial Monday in Panama on accusations of...

U.S. Warns of Military Risks in Mexico and Central America Airspace

The United States Federal Aviation Administration (FAA) issued a series of safety warnings on Friday for airspace over Mexico and Central America. The alerts...

Property Owners in Costa Rica Face Strict January 15 Luxury Tax Cutoff

Property owners in Costa Rica have just days left to meet the deadline for the 2026 Luxury Home Tax. The Ministry of Finance issued...

Costa Rica’s Passport Holds Steady in Global Rankings

Costa Rica's passport ranks 26th in the world according to the 2026 Henley Passport Index, released this January by Henley & Partners. This position...

Costa Rica’s Tribunal Weighs Ban on Bukele Visit Over Neutrality Fears

The Supreme Electoral Tribunal (TSE) is examining a request to bar Salvadoran President Nayib Bukele from entering Costa Rica ahead of his planned visit...

Final Presidential Debate Highlights Key Issues Ahead of Costa Rica’s Elections

Five presidential hopefuls met in the fourth and final debate last night run by the Supreme Electoral Tribunal. Álvaro Ramos of Partido Liberación Nacional,...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica