Friday 5 March 2021

President Alvarado has the last say if 2021 Marchamo will be cut in half

Proposal to cut the cost of the 2021 Marchamo advances in the Assembly against the clock

QCOSTARICA – TICO BULL: While legislators have the power to approve the proposal to cut the property tax of the 2021 Marchamo in half, as being currently discussed in Congress, President Carlos Alvarado will have ultimately the last word.

Leigslators such as Franngi Nicolás of the PLN promote the reduction of the 2021 Marchamo

You  see, the president, who opposes the proposal for the fiscal gap of ¢80 billion colones, always has as a last resort the power of the veto.

- Advertisement -

For Alvarado, however, it cannot be an easy decision. On the one hand, he has the obligation to guarantee the entry of fresh resources for the State, which has generated protests and violence in the streets for the last 10 days; while on the other hand, thousands of Costa Ricans are living through economic problems, due to an historical unemployment economic slowdown caused by Covid-19.

For the cut in the annual circualtion permit to apply for 2021, legislators must approve the bill in two debates, and the president must sign off on it before the end of the October.

This, because no law is retroactive and once the INS begins the collection of the Marchamo on November 1, there is no turning of the page.

The project that proposes to reduce the tax corresponding to the property tax, which represents 63% of the cost of the total cost of the 2021 Marchamo, by 50%, has already been approved in committee, and only awaits debate in the legislative floor and first vote.

- Advertisement -

If the proposal is approved in first vote, it then requires a second debate and second vote, which can be in as little as a few days following and then sent to Casa Presidencial for the President’s signature.

If the president signs it, it then has to be published in the official government newsletter La Gaceta.

If you will recall, in April, the entire process was fast-tracked to increase the sanitary vehicle restrictions sanctions. So, it can be done, if there is political will and consesus among the actors in the process.

The 50% proposal

The 50% reduction to the property tax of the 2021 Marchamo apply to vehicles whose Valor Fiscal (tax value) does not exceed ¢20 million colones, while for vehicles with a tax value greater than ¢20 million and less than ¢50 million, the reduction would be 25%.

However, the members of the supreme powers such as legislators, ministers, magistrates and President Carlos Alvarado, would be obliged to pay 100% of the cost of the 2021 Marchamo.

Will the president veto?

“This proposal would alleviate the pockets of Costa Ricans who, due to the pandemic, have seen their income affected and the possibilities of using national highways reduced. Now the proposal will go to the plenary for its final vote,” said Franggi Nicolás, PLN legislator who is promoting the reduction.

- Advertisement -

“You have to think about the pocket and the finances of the households, which in many cases will not even have an Aguinaldo, or resources to pay for the Marchamo. Also for a matter of justice, these measures are necessary, it has been a year that due to the vehicle restrictions imposed by the Government, thousands of Costa Ricans have not been able to remove their vehicles,” said Pablo Heriberto Abarca, PUSC party legislator, who also promotes the reduction.

“Let us not forget that what is not collected in taxes is money that the country loses to invest in infrastructure and services, increasingly worsening people’s living conditions and especially affecting the poorest people and communities. The PAC is not blocking the initiative. We have presented motions so that the cars of the most wealthy people are not benefited,” argues Laura Guido, legislator of the PAC, the same party of the President, is wishy-washy, for the reduction, but…

 

 

- 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

Islas Murciélago, unknown Tico paradise ideal for hikers and divers

Q TRAVEL - Located in the extreme north of the Pacific...

Drivers can use foreign license for 6 more months

QCOSTARICA - The Ministry of Public Works and Transportation (MOPT) announced...

MOST READ

Costa Rica received a shipment of 110,000 vaccines against covid-19

QCOSTARICA - On Tuesday night, March 2, Costa Rica received the largest shipment of covid-19 vaccines, 109,980 doses from Pfizer / Biontech to continues...

Carlos Alvarado: “No Growth and Poverty Reduction Without Economic Stability”

QCOSTARICA - The International Monetary Fund (IMF) approved a $1.7 billion arrangement to support Costa Rica’s recovery and stabilization from the economic damage caused...

Guatemala receives 200,000 doses of COVID-19 vaccine donated by India

Q24N - Guatemala on Tuesday received 200,000 doses of the vaccine against covid-19 donated by India, which it will use to complete the immunization...

Vehicle Restrictions for March

QCOSTARICA - Due to an improvement in the epidemiological situation of the health emergency, starting March 1, the only daytime vehicular restrictions for the...

Islas Murciélago, unknown Tico paradise ideal for hikers and divers

Q TRAVEL - Located in the extreme north of the Pacific coast, in front of the Santa Rosa National Park, in the sector of...

There is no money to start the Costa Rican Space Agency

QCOSTARICA - Costa Rica President Carlos Alvarado assured that the State lacks the money to start the Costa Rican Space Agency (Agencia Espacial Costarricense...

Panasonic will invest US$10 M to move operations from Asia to Costa Rica

QCOSTARICA - Panasonic announced that it will invest US$10 million dollars in the expansion of its plant in Costa Rica, in order to move...

The Quijongo!

QCOSTARICA - The quijongo is now in very good health thanks to the care of the people of Guanacaste, who are dedicated to protecting...

97 labs test those who need to leave the country for covid-19 antigens

QCOSTARICA - Need to leave the country and require a test to detect SARS-CoV-2, the coronavirus that causes covid-19? The Cámara Costarricense de la Salud...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

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.