Higher taxes to combat violence and drug trafficking rejected

The Federation of Chambers of Commerce of Central America (FECAMCO) is opposed to an initiative of creating new taxes in the region, and “asks our governments: to implement effective measures to control tax evasion, expand the tax base and combat corruption, increasing revenue for the fight against insecurity.

“To make rational and efficient use of public expenditures, implementing appropriate policies for this austerity and transparency cleaning up state coffers and allow society to exert effective control.

“Promote effective coordination between states to harmonize legislation aimed at combating transnational organized crime, illegal arms trafficking and the movement of drugs and work on mutual assistance in areas such as military intelligence and police scientific investigation of crime and the update of comprehensive plans for public safety.

“To enter into effect the Central American Security Strategy in the efficient fight against smuggling, of both legal and illegal products, since this is financed through drug trafficking and organized crime.

“Strengthen the institutional and social stability in our countries, generating measures to create jobs, to defend the family, to strengthen public confidence,

“The social costs that bring violence and organized crime are embodied in several dimensions, among which is the irreparable loss of lives, physical and emotional toll of victims and the costs related to private security in homes or businesses. The current violence has significantly impacted Central America lives and the productivity of companies and therefore hinders the economic growth of our countries, so we condemn all kinds of populist measures that directly affect productivity, competitiveness and economic growth in the region,” says FECAMCO.

“The International Conference in Support of a Central American Security Strategy, held from June 21 to 23 in Guatemala, proposed the creation of a” security tax in Central America “, in addition to the taxes citizens and businesses already pay. When there is awareness of the difficult economic and living conditions under the Central American insecurity, how can it be said it is necessary to increase or create taxes, especially when the productive sectors remain afloat during a crisis in emerging economies,” asked FECAMCO in a statement.