Kast's National Reconstruction Plan Would Cut Corporate Tax Rates to 23%

The Chilean state could stop collecting between $4.3 billion and $4.8 billion in revenue. This reduction is the result of the National Reconstruction Plan to be presented by José Antonio Kast on April 15. The plan includes a reduction of the corporate tax rate from 27% to 23% and the elimination of the capital gains tax. It also includes a reform of the tax system. Opposition deputies state that these measures would effectively gift $3 billion to the country's wealthiest.