Lasso denied a pact with Correísmo for the tax law to come into effect. “We would never agree with those who have affected the national treasury,” he said.
The pResident of the Republic, Guillermo Lasso, assured that there was no pact with Correísmo for the Economic Development Law (tax law) to enter into force and it rules out sending the Legislative a reform to said norm; additionally has made the decision of ipromote a social dialogue on the next labor reform. These meetings will begin in January.
These were part of the announcements made a few minutes ago by President Lasso in an interview with journalists Miguel Rivadeneira and Milton Pérez, within a space called ‘Let’s meet for investment and employment. ‘
Regarding the rumors of a possible pact with the UNES bench (Correísmo), which abstained from voting for the filing of the tax law, allowing it to enter through the Ministry of Law, the president Lasso assured: “We would never agree with those who have affected the national treasury, with those who have affected the trust of the people, with those who committed acts of corruption for which they are sentenced.”
Rather, he explained that it was approved based on Article 140 of the Constitution, which says that if the Assembly does not approve or modify or deny an urgent law, then it enters through the ministry of law. In this sense, he considered which is a legal and legitimate law. He also ruled out that he is going to send a reform to said law, as requested by certain sectors. This is based on the experience we have regarding the actions of the Assembly, which has shown that it cannot agree. Rather, it is time to continue advancing in other reforms.
For President Lasso there are no errors in the law, and if there is any adjustment to be made, it will be done through the regulations of the law, which will be ready in 30 days. He also ruled out that the Assembly can repeal the law, since the initiative in tax matters belongs to the Executive.
Lasso stressed that in addition to the collection of taxes to sectors that have more resources, there are also points that favor less favored areas, such as the elimination of the 2% income tax for microentrepreneurs, the elimination of the inheritance tax and the reduction 0% VAT on various feminine hygiene products and diapers. He also stressed that with the reform, those who have assets abroad can declare them and then start paying taxes for them.
President Lasso announced that has made the decision to present the labor reform to society in January, to provoke a debate in civil society so that there are no more false narratives. One of them, he said, is that there is talk of regression of rights and this does not exist. He explained that currently out of every ten people of working age, three have a suitable job and seven do not. The idea then is to present a law that covers the vast majority to improve their employment opportunities. It will be discussed with business unions, unions, the academy. And he estimates that in 90 or 120 days he could go to the Assembly. He considered that the issue of structural problems in the labor sector has been dragging on for more than 40 years, in any case, he said that he is optimistic that society will mark the route that the Assembly should follow.

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