translated from Spanish: President of Sofofa responds to Pinera: “the most essential business interest is to grow in a dynamic economy”

The President of the society of Fomento Fabril (Sofofa), Bernardo Larraín Matte, responded to the statements of President Sebastián Piñera, who ruled out lowering corporate tax rates and said that Guild candle “in the interest of entrepreneurs”.
In an interview with Radio Duna, Piñera declared that “the President of Sofofa defends the interests of employers, and therefore of course that big business would like to lower rates, but I defend the interests of all Chileans”.
In this sense, Larraín Matte questioned: “and what is the most essential business interest? Basically to be able to grow in an environment of a dynamic economy and that business interest requires regulations and modern institutions that allow this dynamic economy, among them the tax system.”
The Sofofa leader also stressed that the relevant point is that “recognizing our business interests, must explain systematically how these interests are completely aligned with the general interest, such as 100% understand it of the” OECD countries that have decided to lower the tax companies in the past 10-15 years”.
In that vein, he added that these countries “have not respond to corporate, capricious, interests of the business world. “Have done so because they are aware that reactivate investment, which is of course important for companies (…) but that is also very relevant to generate jobs, development”.
Larrain also said that “the President said that it was not appropriate to lower the tax to companies, but it clearly reflected in its programme of Government a business tax rebate”.
“Therefore he shares with me that lowering the tax to companies not only re-energises the business activity, but that it is also beneficial to all Chileans”.
Asked about if the Sofofa watched over the interests of all Chileans, he said that “must not stand on a pedestal and claim that we are representatives of the public interest, we have to recognize our interests and making more transparent them and explain how” they are aligned with the general interest. The Sofofa always looks for this combination”. 

Original source in Spanish