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Gabriel Gurméndez proposed eliminating the Ancap monopoly and lowering taxes

Gabriel Gurméndez proposed eliminating the Ancap monopoly and lowering taxes
February 8, 2024 – 08:24

The presidential candidate of the Colorado Party presented his economic team, with Isaac Alfie and Julio de Brun at the head.

The presidential candidate of the Colorado Party, Gabriel Gurméndez, presented his economic team along with several proposals.

Photo: Presidency

The former president of Antel and presidential candidate for Colorado Party (PC), Gabriel Gurméndezproposed reducing the Social Security Assistance Tax (IASS) and the Personal Income Tax (Income Tax), as well as the elimination of the monopoly of Ancap, facing the elections 2024.

Last Wednesday, the Colorado candidate presented his economic team at the Hyatt Centric Hotel, which is headed by the former Minister of Economy and Finance (MEF) and former director of the Office of Planning and Budget (OPP), Isaac Alfieand the former president of the Central Bank of Uruguay (BCU), Julio de Brunas reported by Subrayado.

Both Colorado economists were part of the economic team of the government of the former president Jorge Batlle until 2005, during which the country’s commercial banks had to face a severe financial insolvency crisis that began in 1999 and lasted until 2002.

In the presentation, Gurméndez committed that 50% of the savings derived from this potential rationalization of the national public sector be allocated directly to citizens’ pockets, via tax reduction, with the objective of reaching approximately 500 million dollars annually.

Likewise, it aims to implement new social policies through instruments such as “impact bonds”, as well as a series of tax incentives for good payers.

Gabriel Gurméndez wants Ancap to compete in the market

As to Ancap, Colorado proposes a comprehensive reform that seeks to optimize the fuel market, as well as boost competitiveness and efficiency by eliminating the monopoly. At the same time, it seeks to encourage the entire distribution chain to compete at the national level.

On the other hand, he also referred to the personal hygiene market, where he mentioned the possibility of simplifying approval processes without compromising the quality of the products, through the elimination of multiple records, as well as the recognition of records of origin. .

Source: Ambito

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