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January 9, 2022
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Known script: Government threatens to go to the TC for a PGU project that seeks financing with taxes for the “super rich”

Known script: Government threatens to go to the TC for a PGU project that seeks financing with taxes for the "super rich"

The Government once again questioned the indication entered into the Universal Guaranteed Pension (PGU) project that seeks to finance the initiative through “taxes on the super rich.”

And it is that the discussion was stagnant in financing, despite the unanimous approval of the text in the Lower House, generating tension in the sessions of the Finance Commission.

Yesterday, the spokesman for La Moneda, Jaime Bellolio, regretted the existence of a “political cockerel” and assured a boycott of the initiative and that this type of tax is unconstitutional and only hinders its progress.

Today, the Minister of the Interior, Rodrigo Delgado, resorted to the same formula and stated that “if progress is made as has been presented in the case of the ‘super rich’, there are vices of unconstitutionality that will be seen in higher instances.”

It is worth mentioning that the priority for the Executive is that the initiative advances in Congress, with the objective that the money can be delivered in February.

“We hope that Congress takes charge accordingly so that the people who need it so badly can have their money,” said Minister Delgado, according to the statement. Emol.

Regarding the financing of the initiative, the head of the Interior assured that as a government “we are willing to talk so that it is approved.” In that sense, he clarified that, “as Minister Cerda said yesterday, there is always the will to continue talking but in terms that the PGU may need in the short term.”

Delgado said that the tone of the dialogue they seek to have with the representatives of the Legislative Power must be “with the necessary responsibility and as long as the indications are in accordance with their constitutionality.”

It is worth mentioning that the financing of the PGU, which is focused on the project to reduce tax exemptions, continues to be the issue that complicates the progress of the project in Congress.

The initiative will be reviewed this Monday in the Chamber of Deputies and Deputies, and comes with the indication of taxes on high assets approved in the Finance Commission. Despite this, the opposition insists that La Moneda must provide an alternative, especially considering that the Autonomous Fiscal Council this week stated that the Government must seek new methods to write the PGU in stone.



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