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Aug 11, 11:46 PM
Chile
Economics
Politics
Business
World

Evelyn Matthei of Chile Vamos and Amarillos Proposes Tax Cuts, Targets 3%-4% Growth, Criticizes Communist Party

Authors
  • BioBioChile
  • CNN Chile
  • T13
3

Evelyn Matthei, presidential candidate representing Chile Vamos and Amarillos, outlined her economic agenda focusing on tax reform and employment growth. She emphasized the need to lower Chile's high tax rates from the current 27% to 23%, aligning with the OECD average, without gradual implementation. Matthei projected economic growth rates of 3% in the first two years of her potential administration, increasing to 4% in the third year. She criticized the Communist Party for opposing tax reductions, arguing that lowering taxes would increase fiscal revenue and benefit workers. Matthei also expressed a longer-term goal of reducing tax rates to 18%. She highlighted the role of business leader Juan Sutil in facilitating public policy decisions and stressed the importance of maintaining competitiveness when raising the minimum wage. On government structure, Matthei acknowledged the benefits of reducing the number of ministries but noted that such reforms would take years to implement. Regarding fiscal policy, she aims to maintain a structural deficit of less than 1% by the fourth year. Matthei commented on recent pension fund withdrawals, recognizing them as relief during difficult times but also attributing subsequent problems to these measures. Finally, she stated her opposition to self-lending mechanisms, asserting that such loans are never repaid.

Written with ChatGPT (GPT-4).

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