Former president of the National Business Council, Celso Marranzini alerted that the next proposed assets regularization tax exemption scheme would only serve to launder capitals that have been illegally obtained. He said what is needed instead is a true fiscal reform and the reduction of the size of the government. He said this is the only way to balance government spending.
Likewise, Marranzini is backing a proposal to turn the entire country into a free zone. But he says this will require less public spending, which he says no government will accept.
As reported in Diario Libre, Marranzini said that it is impossible to balance the budget with wasteful spending at the expense of investments in health, education and housing. Marranzini spoke during an event to celebrate the 56th anniversary of the Confederacion Autonoma Sindical Clasista (CASC), a labor union.
Marranzini criticized the government has included provisions in the 2019 National Budget that would legalize betting shops. “I hope that in the 2020 National Budget the government does not order to legalize the drug sales points in order to generate more revenues for the budget,” he observed with sarcasm.
8 November 2018
