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During the government of Alberto Fernandez, the Ministry of Women, Gender and Diversity was created with a substantial budget. The complaints against it confirm a very low efficiency in managing these funds. This is another example of the need to organize the State, instead of continuing to add bureaucracy.
MORERío Negro was awarded the “Argentina LNG” project. However, the province will receive, via co-participation, a tiny proportion of the total national taxes generated by the project. Only by eliminating co-participation will incentives be put in place for the provinces to promote massively productive investments.
MOREIncreasing competitiveness without devaluing requires structural reforms that are difficult to implement. However, Brazil, in an environment of difficulties similar to Argentina’s, undertook an ambitious labor and tax modernization. This shows that progress in structural reforms is possible.
MOREOne of the most eroding factors of competitiveness is the overlapping of VAT with provincial sales and municipal taxes. Brazil, with a similar problem, is moving to the unification of several taxes in the VAT. If Argentina does not follow the same path, competitiveness problems will worsen prolonging the recession. (more…)
MOREOnce again, the parallel dollar is a cause of concern. The government reacted boldly by announcing that it will intervene in the parallel dollar market to suck pesos out of the market. For this strategy to succeed, it is essential to accelerate the implementation of the structural reforms included in the May Act. (more…)
MOREThe Ministry of Deregulation and the State Transformation was created with the objective of simplifying State interventions. One priority transformation is taxation. The way is doing good taxes to absorb bad taxes so that the resulting increase in competitiveness will make the economy grow again. (more…)
MOREThe Ministry of Deregulation and the State Transformation was created with the objective of simplifying State interventions. One priority transformation is taxation. The way is doing good taxes to absorb bad taxes so that the resulting increase in competitiveness will make the economy grow again. (more…)
>The INDEC reported a sharp increase in inequality. At the same time, Congress approved the reinstatement of the income tax, rectifying the opportunistic reform of September 2023. The law is relevant, but a more comprehensive tax system reform, such as the one proposed in the May Act, is still pending. (more…)
MOREThe INDEC reported a sharp increase in inequality. At the same time, Congress approved the reinstatement of the income tax, rectifying the opportunistic reform of September 2023. The law is relevant, but a more comprehensive tax system reform, such as the one proposed in the May Act, is still pending.
>The financial surplus has been achieved thanks to a strong reduction in public spending. But an important role is also played by the growth of tax collection driven by very bad taxes. This alerts on the importance and urgency of tax reform foreseen in the May Pact. (more…)
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