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Congresswoman Lorena Fries: I would be for undoing the mega tax reform in the next period
🇨🇱 Chile /Elections & Politics

Congresswoman Lorena Fries: I would be for undoing the mega tax reform in the next period

From Cooperativa · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • A Chilean congresswoman criticized the government's strategy for passing a major tax reform bill in the Senate.
  • She argued that the lack of broad consensus undermines the bill's legitimacy and future sustainability.
  • The congresswoman suggested undoing the current tax reform in a future period due to a lack of agreement on compensatory measures.

Congresswoman Lorena Fries of the Broad Front has voiced her rejection of the government's strategy to advance a major tax reform bill in the Senate. She warned that the absence of cross-party agreements jeopardizes the initiative's future sustainability, especially after the bill's legislative approval passed by a single vote.

the government is not looking strategically at what may happen

— Lorena FriesCriticizing the government's approach to passing the tax reform bill.

Fries stated in an interview that the Minister of Finance, Jorge Quiroz, is content with having just enough votes from the ruling coalition to pass the bill. She believes the government is not looking strategically at what might happen by trying to push the project through solely with its coalition's support, which, in her view, strips the project of its democratic legitimacy.

In personal terms, I would be in favor of undoing what they are doing in tax matters in a future period, because there is no agreement and no system has been sought that allows compensation for this tax reduction (included in the project).

— Lorena FriesExpressing her view on the current tax reform's sustainability.

"It is true that this reform is at the antipodes of what any progressive party would have done, but trying to push the reform through hastily or with just the votes required, which are those of its coalition, that may last only for this period," the congresswoman argued. "In personal terms, I would be in favor of undoing what they are doing in tax matters in a future period, because there is no agreement and no system has been sought that allows compensation for this tax reduction (included in the project)," she emphasized.

willing to mortgage the democratic exercise of a Congress for six periods

— Lorena FriesCriticizing the proposed 20-year validity for tax invariability norms.

Regarding the possibility of establishing tax invariability to provide investment certainty, the opposition legislator criticized Minister Quiroz for being "willing to mortgage the democratic exercise of a Congress for six periods" by proposing a 20-year validity for these norms. Fries thanked the Senate President, Paulina Núñez, for her intention to convene a technical committee to gather proposals from different sectors for the tax reform. However, she expressed doubts "about the democratic dialogue of Minister Quiroz; I think he has demonstrated it."

about the vocation of democratic dialogue of the minister Quiroz, I think he has demonstrated it.

— Lorena FriesExpressing doubts about the Minister of Finance's willingness to engage in dialogue.
DistantNews Editorial

Originally published by Cooperativa in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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