Experts warn about risks of the new tax reform that the government filed

In the program Here and nowconducted by Maritza Aristizábal, several former ministers and economic analysts expressed strong repairs to the tax reform based by the national government in Congress, which seeks to collect 26.3 billion pesos. The experts agreed that the proposal can be more harmful than the reform presented in 2021 by Alberto Carrasquilla, which resulted in a social outbreak.

A “without technical support” reform

The former Minister of Finance José Manuel Restrepo He said that the initiative lacks a solid base: “This reform has no technical support. It is voracious in the way it is conceived and destroys even productive capacity.”

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Restrepo warned that, unlike Carrasquilla’s, this proposal “It is not intended to be approved, but to make political spectacle and transfer to Congress the responsibility of what the government did not want to do, which was to cut the expense.”

Read: Tax reform has no atmosphere and there would be majorities to sink it in Congress

Yompact on food and homes

The former Minister Mauricio Cárdenas He stressed that, despite the fact that the government claims to leave the exempt basic basket, several mass consumption products would have new levies:

“In reality the cost of the basket is rising. Today 5% is proposed for foods such as rice, wheat, oils, sugar, coffee, pasta and bakery. That hits homes directly. ”

Cárdenas also questioned the sustainability of the measure: “There is no possibility that the Government delivers reasonable public finances. It will be the next government that has to face a critical situation.”

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Deficit and fiscal pressure

The director of Fedesarrollo, Luis Fernando Mejíawarned that the reform occurs in the midst of a high -pressure high pressure and investment drop:

“It is a too ambitious and harmful reform for the productive apparatus. Before asking taxpayers more, the government should send a sign of austerity. The budget grows more than double the expected inflation.”

Mejía added that increasing tax burden on assets and the financial sector “Discounts the investment and pushes capitals to leave the country.”

A difficult inheritance for the next government

The economist Gonzalo Hernándezformer Minister of Finance, said the current difficulties will be added to those of the next term.

“The following government will receive a country with fiscal crisis, absence of reactivation policy, health problems, in the energy sector and in the sustainability of debt. It will be the most difficult scenario in recent history,” he said.

The analysts agreed that the tax reform based by the Government “affects the whole society in general” and that its magnitude puts at risk the generation of employment, productive investment and fiscal stability. They also insisted on the need for a National Agreement that allows to face the structural challenges of the country beyond ideologies or political situation.