The new Chilean Minister of Finance, Mario Marcel, reduced this Thursday the expectations of collection for the tax reform that the leftist government will propose Gabriel Boric to finance social measures.
Marcel, of socialist origin and former president of the Central Bank, was honest about the percentages involved in the political campaign. The collection will be “closer to the four points of the GDP for the reform that will be promoted”, instead of the five points initially committed to for the four years of government, he specified.
The reform will be focused on direct taxes on people and the minister hopes that it will materialize through “social dialogue with different organizations, experts, companies and workers” from April.
Boric seeks to increase the Social helps to support the foundations of a European-style welfare state.
Marcel, who at 62 is the oldest member of Boric’s young cabinet, also described as “implausible” the 3.5% GDP growth projections announced in his latest report by the government of conservative Sebastián Piñera (2018-2022). ).
“Not only did they have a growth figure (3.5% for 2022) that was higher than all the estimates that different actors have, but they also had an expansion of domestic demand that was of the order of 2%, which is not very consistent with what is required in the economy,” Marcel said at an economic forum.
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