Initially, Vargas indicated that this increase in IVA on basic goods would raise revenue from this source from ¢42.065 billion to ¢546.841 billion. For the second poorest group (quintile 2), with an average income of ¢604,749, the effect would be between 4% and 5%. For the other three income groups (quintiles 3, 4, and 5), the effects of the IVA adjustment would be less pronounced. When analyzing the spending of the poorest families (first and second quintiles), they spend 44.1% and 28.8% of their income, respectively, giving another dimension to the impact that the IVA increase would generate. For the second quintile, which is made up of vulnerable but not poor households, the risk is significant in terms of falling below the poverty line,” Vargas stated.