The opposition has received a document containing counter-proposals to Kast's sweeping reform, and they have reiterated that they are working on specific proposals.
This Monday morning, opposition leaders, general secretaries, and parliamentary leaders met at the headquarters of the Socialist Party to receive a document from various economists and analysts in the sector. This document would present a series of counter-proposals to the large-scale reform proposed by José Antonio Kast.
The document, titled "Growth, Employment, and Fiscal Responsibility," was developed by the Progressive Think Tank Network (RCCP) and, as previously reported in La Tercera, addresses eight key points regarding Kast's mega-project.
These topics include: parliamentary debate, the macroeconomic scenario in which the project is being developed, Kast's conception of growth, 15 measures to stimulate investment, an analysis of the measures included in the government's reform, another point regarding subsidies for employment and the elimination of the SENCE (National Service for Employment), and two additional sections criticizing the lack of further proposals related to export activities.
One of the document's authors, economist Osvaldo Rosales (PPD), explained that they share some points with the government's initiative, such as those related to the review of environmental permits and the National Monuments Council.
However, he noted that "of the many tax measures proposed, only one could potentially trigger more investment, and that is the reduction in the corporate tax rate." Precisely regarding...
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From the headquarters of the Socialist Party, the opposition held a meeting this Monday morning between presidents, general secretaries, and parliamentary leaders to receive a document from various economists and analysts in the sector. This document presented a series of counter-proposals to José Antonio Kast's mega-reform. The document, titled "Growth, Employment, and Fiscal Responsibility," was developed by the Progressive Think Tank Network (RCCP) and, as previously reported in La Tercera, addresses eight points regarding Kast's mega-project. These topics include: parliamentary debate, the macroeconomic scenario in which it is being developed, the conception it has of growth, 15 measures to stimulate investment, an analysis of the measures included in the government's reform, another point regarding subsidies for employment and the elimination of the SENCE, and two other sections criticizing the lack of more export-related proposals. PC Press Regarding the document, one of its authors, economist Osvaldo Rosales (PPD), explained that they share some points with the government's initiative, such as those related to the review of environmental permits and the National Monuments Council. However, he notes that "of the many tax measures, only one could potentially trigger more investment, which is the reduction in the corporate tax rate." He also emphasizes that this reduction must be "offset through a progressive mechanism." Santiago, May 11, 2026.
Presidents, general secretaries, and parliamentary leaders of the opposition parties receive the document on the "hidden" tax reform, prepared by research centers and economists.
Jonnathan Oyarzun/Aton Chile JONNATHAN OYARZUN/ATON CHILE The president of the Communist Party, Lautaro Carmona, highlighted that it represents "the work of various economists, specialists in the field. He states that our sector is committed to the country's growth, without a doubt, and there is a view that growth can be achieved in a way different from the one proposed by the Executive." Santiago, May 11, 2026.
Presidents, general secretaries, and parliamentary leaders of the opposition parties receive the document on the "hidden" tax reform, prepared by research centers and economists.
Jonnathan Oyarzun/Aton Chile JONNATHAN OYARZUN/ATON CHILE Senator Paulina Vodanovic, president of the Socialist Party, highlighted the reception of the document and also detailed that from Congress, work continues to "present amendments jointly" by the opposition. "The opposition will face this project, thinking of the Chilean people, considering how it affects women, demanding universal nurseries, demanding real subsidies for employment, urging the government to listen to the proposals of SMEs, and also to those in the training sector, where more than 30,000 people are affected by this proposal," the parliamentarian detailed. Meanwhile, Senator Diego Ibáñez (FA) criticized the Executive's proposal, stating that "it only benefits 1% of large companies, which will have their taxes reduced, with no guarantee that this extra profit will be reinvested in Chile and reinvested in the form of national industry." Raúl Soto, a candidate for the presidency of the PPD, detailed about the document that "the alternative we are proposing is an alternative that generates economic growth, that supports micro and small businesses, that creates jobs, that boosts investment in our country, but also does so with equality, understanding that for societies to advance, there must be a minimum level of inequality." On the other hand, Soto also addressed the controversy surrounding the "tsunami of amendments" to the mega-reform. Regarding this, he detailed that "we will present a very limited number of amendments, as the PPD caucus, and also some jointly with the rest of the opposition, but with a very limited number and amendments that go to the core, which is to support the middle class, vulnerable sectors, and micro and small businesses." Santiago, May 11, 2026.
Presidents, general secretaries, and parliamentary leaders of the opposition parties receive the document on the "hidden" tax reform, prepared by research centers and economists.
Jonnathan Oyarzun/Aton Chile JONNATHAN OYARZUN/ATON CHILE