In a Spanish article in La Prensa economy section the Ministry of Economy and Finance states it is preparing to present to the assembly tax reforms including a flat tax proposal.
Here are some excerpts in English: The working agenda of the new Minister of Economy and Finance (MEF), Alberto Vallarino, for the first 100 days of this government, has six priorities. And among them is the first implementation phase of tax reform: send the Assembly a draft to amend "certain very specific taxes, such as the casinos," and a "moratorium law to collect overdue taxes."
The application of tax model a flat tax, which involved in part a reduction in the rate of income tax (ISR) to companies and the elimination of exemptions to the dealer and the end of the alternative calculation of the ISR ( CAIR) will come later, after a thorough diagnosis.
"We are going to send the Assembly a budget for the remainder of 2009, including some of the campaign promises, including increased pay for police, $ 100 per month for adults older than 70 years without pension coverage and Network of Opportunities, and a subsidy program for buyers of social housing, "Vallarino said.
