VAT could exceed 40% due to the PIT-CNT plebiscite, warned Andrés Ojeda

VAT could exceed 40% due to the PIT-CNT plebiscite, warned Andrés Ojeda

He presidential candidate of the Colorado Party, Andrés Ojeda, anticipated that the VAT could exceed 40% in the next 25 years if the plebiscite promoting the PIT-CNT against the social security reform.

Ojeda warned that the increase in tax It will also be felt in the short term and questioned the popular consultation of the union center by pointing out that “it puts its hand in the pocket of all the people who today have a problem to be able to live because the Uruguay “it is very expensive”.

The Colorado representative indicated that “in the cumulative reform in the matter of deficit, The estimate is that by 2050 VAT could exceed 40%” and regarding the tax, which is 22% (and 10% for some products and services), he added: “In the short term alone, it should rise quite a bit.”

“If you raise the VAT, you lower the salary and the passivity to the people. If they vote for this, they will bump into each other. retirements at 60 years old, but he reaches into everyone’s pockets,” Ojeda insisted.

That is why he urged people to talk to Uruguayans. “If we also lower their salaries and pensions through this reform, we are being cruel and lying, because we tell people to vote to retire at 60, but we do not explain the consequences,” he said.

Álvaro Delgado anticipated a VAT increase in December

Ojeda’s words are added to those of his counterpart National Party, Alvaro Delgado, who anticipated that due to the PIT-CNT plebiscite “VAT will have to be raised by 3 or 4 points in December.”

Delgado said that the repeal of the social security reform “undermines and defunds the system” and illustrated: “If this plebiscite is approved, it would generate a economic collapse, There is no possibility of paying the workers’ pensions.”

The leaders joined the barrage of criticism from sectors of the ruling party against the proposal that would increase the projected deficit from 2 to 8%, as anticipated Alfredo Cabrera, president of the BPS.

Meanwhile, the union is advancing its campaign to promote the ballot for the elections. elections 2024. Monday will be the first “day of agitation” to spread the initiative, which according to polls is close to exceeding 50%, the percentage it needs to be approved.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts