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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

The negative Law of Capital Gains President Correa wants to impose, would go to the National Assembly for approval

Posted On 01 Dec 2016
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President Rafael Correa clarified yesterday he did not send the Capital Gains Bill earlier this week because he traveled to Cuba to attend Fidel Castro’s funeral.
“I was in Cuba, we arrived at five in the morning (yesterday), and I guess (the bill) it is on my desk, I was giving instructions from the Sports Ministry, and upon my return to Carondelet, I will check it.
I think this week (he will send it to the Assembly),” he said at the beginning of a meeting with the provincial leaders of the Alianza PAIS (AP) party, held yesterday in the so-called Casa de Campaña, in the north of Quito.

Correa asked the press to “inform and not manipulate” the content of the bill.
“The cameras are already saying that this will harm the construction sector. This benefits development and avoids speculation. That avoids what our migrants from the United States have suffered, land speculation. It prevents real estate bubbles. We do good things for the great majorities, the one that is harmed by the Capital Gains Act, should never vote for us, but the one that is not harmed, should never vote for those who tried to deceive us,” he said.
On the contrary, he said, this will cause a reduction in the capital gains tax, and “those who will pay more are the speculators, who benefited from state works,” he cited as examples.

Source: http://www.eluniverso.com/noticias/2016/12/01/nota/5931445/ley-plusvalia-iria-estos-dias-asamblea

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