Milei pledges significant tax cuts if congress approves reforms

Milei gave no specific dates for the tax cuts, only when his measures are approved taxes could be reduced?
A reliable economist mentioned that Only when the Country Risk goes under 500 Basic Points, foreign investment will arrive.

The impuesto de ganacias that he reinstated in January 2024 will not be reversed . This most punitive tax affects the most the middle class of Argentina

 
The impuesto de ganacias that he reinstated in January 2024 will not be reversed . This most punitive tax affects the most the middle class of Argentina

What, income tax?

He didn’t reinstate it in January, it never even went away. The issue, still being debated as the headline clearly states, is the threshold at which progressive income tax rates (yes, just like in your country Australia) take effect, eg tax free allowance going from 15x the minimum wage to the proposed income of around $1000ish the it would start to be taxed (starting at 9%…) Don’t worry you’ll still only end up paying the top rate of 35% once your earning over like $6000 a month.

Having encountered similar comments from other posters, some long time expats understanding of basic Argentine tax concepts is truly shocking, presumably because they have never paid their fair share… yet they still hate libertarians…go figure.

 
Milei gave no specific dates for the tax cuts, only when his measures are approved taxes could be reduced?
A reliable economist mentioned that Only when the Country Risk goes under 500 Basic Points, foreign investment will arrive.
There's a problem believing anything Milei says. Here's a brief timeline of his dancing around the topic:

23.11.2023 Javier Milei gave assurances that the elimination of the Income Tax and the reduction of VAT will be maintained in his government:

13.12.2023 almost two months ago, Milei voted in favor of the changes and now wants to reverse them. “This tax is filthy and has to be eliminated,” the then national deputy had said. Three days after taking office as President, he wants to annul what he voted for.

21.12.2013 Milei, adjusting: ratified that workers will pay income tax again:

23.01.2024 The national government confirmed its intentions to restore the Income Tax:

23.01.2024 What Milei had said about Profits: from “cutting off an arm” to the “voracity of politics”.In the midst of the debate in committees of Deputies where it will be decided to replenish Profits, posts from the president appeared. During the changes in the Law, last December, he had said that “this tax is filthy and has to be eliminated.”

2 days ago Milei promised to eliminate the country tax when the bases law is approved:

If anyone is confused, it's nobody's fault but Milei's.
 
There's a problem believing anything Milei says. Here's a brief timeline of his dancing around the topic:

23.11.2023 Javier Milei gave assurances that the elimination of the Income Tax and the reduction of VAT will be maintained in his government:

13.12.2023 almost two months ago, Milei voted in favor of the changes and now wants to reverse them. “This tax is filthy and has to be eliminated,” the then national deputy had said. Three days after taking office as President, he wants to annul what he voted for.

21.12.2013 Milei, adjusting: ratified that workers will pay income tax again:

23.01.2024 The national government confirmed its intentions to restore the Income Tax:

23.01.2024 What Milei had said about Profits: from “cutting off an arm” to the “voracity of politics”.In the midst of the debate in committees of Deputies where it will be decided to replenish Profits, posts from the president appeared. During the changes in the Law, last December, he had said that “this tax is filthy and has to be eliminated.”

2 days ago Milei promised to eliminate the country tax when the bases law is approved:

If anyone is confused, it's nobody's fault but Milei's.
How can you tell if Milei is lying? His lips are moving.
 
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