Chile: Chamber of Deputies approves wealth tax to finance higher pensions

In the midst of intense negotiations to reach an agreement, the Chamber of the Chamber of Deputies of Chile unanimously approved this Tuesday afternoon the project that eliminates tax exemptions to finance the Universal Guaranteed Pension (PGU).

However, the government will continue to talk both with the teams of the president-elect, Gabriel Boric, as well as with deputies and senators so that the initiative leaves Congress as soon as possible and can begin to be paid during the month of February.

Surprisingly, the initiative was approved unanimously by the 130 deputies present in the Chamber, to which even the ruling party contributed that, despite having entered a separate vote request for the article that establishes a tax on high net worth, which later it was withdrawn.

After the vote, the Executive made present the constitutionality reservation on the controversial article, since it is an exclusive initiative of the President of the Republic, said the head of the Treasury, Rodrigo Cerda.

From now on, the bill goes to the Senate, which will have to analyze it in parallel to the Universal Guaranteed Pension, since Cerda reaffirmed that they will not unite both initiatives.

However, the head of the RN bench, Leopoldo PĂ©rez, explained that his sector approved the controversial article as “a gesture of will” not to block the advance of the initiative.

Financial Newspaper of Chile

Ibero-American Economic Press Network

.

You may also like

Immediate Access Pro