• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Achievements of digital transformation are exposed in “A Digitized Country, A Modern Country”
Yaku Pérez: ‘I am not a supporter of violence; I am adept of a resistance ‘
If the bill for the Defense of Dollarization in Ecuador is not approved, the next IMF disbursement of $ 450 million would be put on hold
77 rural schools will open their doors amid the pandemic as part of a pilot plan
New technologies and the use of digital banking are key to reactivation, according to expert
Local mafias vie for spaces to operate with Mexican cartels
Remote work continues in the public sector of the Executive until March 14
A bacterium protects the lupine from its main threat and would increase grain production in Ecuador
Despite pandemic, air transport of flowers was the second best in eight years
Germany, Ecuador and Ghana concerned about marine plastic pollution

Employers requests are not beneficial for the State

Posted On 25 Jul 2017

Ecuadornews:

 

 

The sector wants to eliminate the Tax on the Exit of Foreign Currency and the Advance of the Income Tax. The public administration thrives on these resources.

Dialogue and agreements are costly. The private sector came with a list of requests for the Legislature. The proposal includes reforms, eliminations, and reductions of taxes that, according to entrepreneurs, curb investment.
The requirements, clarify the proponents, have technical support. During a meeting with legislators last week in Quito, they showed, for example, the impact of the Capital Gains Law promoted by former President Rafael Correa.
President of the Chamber of Construction of Guayaquil Enrique Pita attended the meeting and explained that the Capital Gains Law does not meet its objective: “to control the speculation of the land.” That is why he proposes to revise and reform the norm to “reactivate the industry.”
President of the Legislature José Serrano agrees. It is one of the priorities of the Legislature, he said, to analyze the effect of the 75% tax on “extraordinary gains” in the second sale of a property.
The government is open to dialogue, but it should not be forgotten that the real culprits of the crisis are the Ecuadorian entrepreneurs, who exploit workers by paying them the minimum wages and making them working hours to twelve hours a day.
A prevalent situation in Latin America, where labor rights have not evolved at all. Employers demand fewer taxes, but will they raise the salaries of their employees?
Ecuador, a country of landowners who claim rights, but who hardly respect the rights of workers. This is the reality that must be revealed because probably the past government was mediocre, but not less the slave behavior of the great Ecuadorian businessmen and all those who make up their chambers of commerce. (I)

 

Source: http://www.expreso.ec/economia/los-pedidos-empresariales-desfinanciaran-al-estado-AY1573013

About the Author
  • google-share
Previous Story

Public media in Ecuador receive 100 million every year

Next Story

Capital Gains Law marks another distance in the ruling party

SEARCH

LATEST NEWS

Achievements of digital transformation are exposed in "A Digitized Country, A Modern Country"

Posted On 02 Mar 2021

Yaku Pérez: 'I am not a supporter of violence; I am adept of a resistance '

Posted On 02 Mar 2021

If the bill for the Defense of Dollarization in Ecuador is not approved, the next IMF disbursement of $ 450 million would be put on hold

Posted On 02 Mar 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net