President Luis Lacalle Pou defended this Monday the announcements of reductions in personal income tax and IASS, and said that the government is “in a rush” for Parliament to vote on it as soon as possible, so that its benefits arrive this year.
“The rush we have is to vote for it as soon as possible,” said the president and assured that although it is not clear when it will be discounted, he said that it depends on “when it is voted” to know if it enters this exercise or the next one.
The president defended the decision and contrasted the policy with that of previous administrations. “It is a tax reduction. If he has 4 legs, wags his tail and barks, he is a dog,” he said in an interview in Underlined about the reduction announced on March 2 before the General Assembly
“What is the discussion, that it is unfair? I think it is fair, I am convinced. They are wage earners who fight it, who are in the clearing house, revolving the credit card. If we are talking about collecting more or less, let’s remember that when “The tax was created, it was going to collect 400 million dollars. It collects almost 2 billion dollars. There was a fiscal voracity there, a tax increase,” he said, referring to the tax reform promoted by the Broad Front.
Asked that the money from the tax reduction will only be seen in 2024, the president said: “It is a good question because they asked the economic team and Lito Alfie answered it and that is why we are in a hurry to vote for it as soon as possible. before voting, it enters or not in the coming year. It escapes me when it is going to be discounted. If we approve it before May, it will be seen in the coming months.”
