The President of the IADB has advised Costa Rica to make a tax reform to raise taxes arguing that today the teetotum indicates "everyone gives".
EDITORIAL
The use of the old fashioned game of a faceted spinner by the head of the hemispheric institution as example, deserves to have the whole story told: the person who spun the teetotum was the Costa Rican government, the same participant of the "game" who on their previous turn benefited from the teetotum when it landed showing "TAKE ALL". Luis Alberto Moreno is saying that the serious fiscal crisis which the country now finds itself in means that now everyone must contribute to its solution. That means aproving more taxes.
"... State overregulation has made business legality a privilege that can only be accessed with economic or political power. "
EDITORIAL
In these countries, poor since time immemorial, state bureaucrats whose regular salaries allow them to live in a first world fantasy land have as their primary concern checking that things are done as they should be, that is to say, as they are done in the first world.
Trade unionists who promote it, the officials who estimate it, the rulers who decree it, are not part of the legion of unemployed who surely would work for less than the official minimum wage.
EDITORIAL
The unemployed have no voice, in principle because they do not pay a sindical fee, and if they did have one, they would not raise it, because it feels devoid of the dignity necessary to do so, because they are used to adopting a very humble position in job interviews. Nothing further impoverishes the human spirit that lack of gainful income of one form or another.
If there are no reductions in state subsidies and wages no type of fiscal reform will allow the country to achieve sustainability.
Since 2013 and via an Article IV report for El Salvador, the International Monetary Fund (IMF) has been warning the government about the need to take action to moderate wages in the public sector and correct poorly targeted subsidies, establishing strict controls over costs, which for the current year increased by $281 million.
Businessmen who struggle everyday to keep their businesses going should keep this topic in mind when being asked to pay more taxes.
No economy that wants to be competitive can support the idea that the average number of sick days taken by workers at its main port terminal is 29.7 per year.
Of course these are state employees. And of course the union of these workers, doesn't want to know anything about privatization nor have private companies performing the same tasks.
As unemployment rises and poverty increases, the Costa Rican Minister of Finance has declared "urgent" the payment of bonuses to central government officials.
EDITORIAL OPINION
If you are an official in the central government of Costa Rica, your bonus this December will average 15.6% higher than 2010. But if you are poor, and most likely also unemployed, the only thing that will increase is the number of your neighbors in the same situation.
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