Food chamber says it opposes government plan for new taxes

The food chamber has told the finance ministry that the time is not right for new taxes.

New taxes would cause unemployment in the industry, said the  Cámara Costarricense de la Industria Alimentaria.

The chamber said that in a meeting with Álvaro Ramos, a vice minister of Hacienda, the board of directors got the impression that the government was about to send new tax proposals to the legislature.

The Ministerio de Hacienda, however, said that it is simply seeking input from the public on how to handle the country’s staggering deficit and a budget that includes about 50 percent borrowed money.

The ministry has another informational meeting Thursday.

The chamber said there was no long-term plan to solve the financial crisis. The government is expected to float a value-added tax as part of the effort to bring in more money. The informational meetings are regarded mainly as public relations.

The chamber characterized the proposals as an enormous tax charge on businesses.

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