Sunday 17 January 2021

Carlos Alvarado denies solidarity tax on wages of ¢500,000

The Minister of Finance, Minister of Planning and the Minister of Health all announced the plan for a tax on wages to subsidize private and public sector workers who lost their job during the coronavirus crisis

This Thursday morning, before meeting with legislators at the Museo de Niños (Children’s Museum), the Minister of Finance announced that the government will propose the creation of a solidarity tax on both the wages of the private and public sector employees to help finance a support plan for those who lost their jobs for the coronavirus emergency.

Carlos Alvarado and Rodrigo Chaves (right) minister of Finance

According to Finance Minister Rodrigo Chaves, the tax would begin to be collected on monthly salaries of ¢500,000 and up with a 5% contribution and would increase the higher the salary is up to 25%, added Planning Minister Pilar Garrido.

- Advertisement -

Chaves literally said: “All of us who are blessed to have the job will contribute. That is the proposal. It won’t be for low-income people. It will start in more or less with a very small contribution for those who earn ¢500,000 (monthly) or more, 5% and, from there, it will go up as people earn more, where those who earn ¢4.3 million (monthly) or more will make a greater contribution, at least for the time that is necessary”.

The Minister of Planning, Pilar Garrido, also said of the tax: “Right now, it is being visualized from a certain amount that is around more than ¢1 million (monthly) and is differentiated, let’s say, people who earn less than that, 5%, the maximums, 25%, but everything is still under development”.

According to Chaves, the idea is to generate resources to add ¢360 billion colones, along with two other measures, to grant subsidies to people unemployed by the crisis.

The Minister of Health, Daniel Salas, made the same announcement during the mid-day covid-19 briefing, using the same figures stated earlier by the Finance Minister.

- Advertisement -

However, later, President Carlos Alvarado denied that he intended to collect a wage tax.

 

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

“It is foreseeable that 2021 will be like an extension of 2020”: UNA epidemiologist

QCOSTARICA - Despite the arrival of the vaccine against Covid-19 in...

Pfizer will reduce the deliveries of its covid-19 vaccines to adjust production process

QCOSTARICA - The American drugmaker, Pfizer, said in a statement on...

MOST READ

Costa Rica’s Buzzy Nicoya Peninsula Is a Natural Haven for Creatives

Condé Nast Traveler - In August 2020, in the middle of lockdown, Costa Rica announced its 30th national park. The former prison island of...

WHO rules out covid-19 herd immunity in 2021

(VOA) The World Health Organization (WHO) is warning that mass vaccinations against the novel coronavirus will not produce herd immunity this year. WHO chief scientist...

Covid-19 in Costa Rica: 181,093 cases and 2,367 deaths

RICO'S COVID19 DIGEST - Costa Rica has accumulated 181,093 cases of Covid-19 since the first cases last March, the Ministry of Health reported this...

At 140 meters tall: the new giant of Costa Rica

QCOSTARICA - Just to the north side of the National Stadium, in La Sabana, in San Jose's west side, a new 140-meter-tall building has...

United Airlines opens two new routes to Costa Rica

QCOSTARICA - The Daniel Oduber Quirós International Airport (lLIR), in Liberia, Guanacaste, received this weekend two new routes from the United Airlines airline from...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.