Honduran president says he got death threats

AP News
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Posted: Jul 18, 2011 5:49 PM
Honduran president says he got death threats

Honduran President Porfirio Lobo says he has gotten death threats from business owners angered by his plan to raise taxes to fund better security.

Lobo is giving no specifics on what he says are threats "from a high level." Officials said Monday they are heightening security at his residence and offices.

Honduran legislators in June approved a 5 percent tax on bank accounts of more than $5,000 along with taxes on cellphone sales, mining exports and casinos. It aims to raise $400 million over five years to equip police, the army, prosecutors and the Supreme Court to fight organized crime.

A council of 58 prominent businesses is challenging the law in court, arguing the taxes will be used to fund political campaigns.