And while that may be the case, the reality is some businesses were complaining of increases of up to 700%. Today the PM said that even with the new methodology, it should not be that high.
John Briceno, Prime Minister
"What has happen is that some councils was getting ahead of themselves. And yes, in some instances, some of them wanted to have these high increases. The law does not allow you to be able to increase. I think it's, I don't know the exact number, but there's only a certain percentage that you can per year. So then, no, and then you cannot just increase as much as you want."
"But we were looking at modernizing the world tax system and the licensing system. But I could assure that there's nothing whereby you're going to be whereby paying seven hundred percent, unless if they were charging you ten dollars and you're supposed to be paying a thousand dollars kind of thing. No, short of that, no."