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Bernier Applauds Governor for Postponing IVA

By on March 8, 2016

SAN JUAN – Popular Democratic Party (PDP) gubernatorial candidate David Bernier applauded Gov. Alejandro García Padilla’s decision to postpone the implementation of a value-added tax (IVA by its Spanish acronym) system on Tuesday.

David Bernier (Via @DavidBernierPR on Twitter)

David Bernier (Via @DavidBernierPR on Twitter)

“The governor has done the right and responsible thing by listening to the concerns of the people,” said the former State Department secretary. “This decision gives the necessary space to achieve a consensus proposal that would bring tax justice and stability to our middle class, as well as the necessary conditions to spur our economic recovery.”

Bernier, who became the PDP candidate after García Padilla opted not to run for re-election, said the newly opened time window must be used to keep improving the current tax model and make the necessary adjustments without attempting any major reforms in the short term. “The legislative efforts have to focus in achieving an adequate renegotiation of the public debt, establishing a moratorium of the payment of the principal as a first step,” he noted.

“The current tax model has to change; there is no doubt about that,” Bernier added. “But any change that would be carried out not only has to be just, but must also have the support of the various sectors and remain stable in the long term.”

“All of the gubernatorial candidates must be given the opportunity to present their respective plans for reform and start a political dialogue that aims to generate a consensus that would transcend any electoral event,” he went on. “As always, and loyal to my commitment in the country’s unity, I am available for such a dialogue.”

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