Milei retreats on bank account freezes

It's frightening how many businesses and households are riding the thin edge of solvency right now.
 
Classic conservative thinking- The Leopard is never going to eat MY face...
she voted for him, he screwed her, and she still wont vote for anyone to the "left".
Libertarians are always fascists in disguise, and their rhetoric is always a front for self enrichment and aggrandizement.
Because, you know, real life is complicated. It requires compromise and less than perfect solutions.
And Austrian economics are simple, black and white, and, in their imaginary world, everything is easy.

Meanwhile, the former Montonero Bullrich, descendent of presidents, positions herself for elections to come.
 
Same policies as the previous administration. Fight the businesses, small and large, with high paperwork burdens in addition to the complex tax rules. People in poverty forced to pay 21% sales tax that the business owners must track and forward on to the government. Compared to those who already have the money who want nothing to do with the annoyance of running a business since it is possible to live on investment profits with ZERO or low taxes.

Ai summary and PWC overview

Investment Type

Capital Gains Tax Rate (Sale)Dividend / Interest Tax RateNotes
Argentine Sovereign BondsExemptExemptCovers federal, provincial, and municipal bonds. Exempt from Wealth Tax.
Local Corporate Bonds (ONs)ExemptExemptMust be authorized by the CNV (public offering). Subject to Wealth Tax.
Foreign Bonds15%15%Applied to foreign-source net gains and interest income.
Argentine StocksExempt7%Must be publicly traded on CNV-authorized exchanges.
CEDEARsExempt7%Gains on the certificate sale are exempt; dividends are taxed.
Local Mutual Funds (FCI)ExemptExemptAppies if the underlying assets are mostly local/CNV-compliant.
Cryptocurrencies15%N/AEvaluated as digital assets; subject to Wealth Tax.
Real Estate (Post-2018)15%N/AExempt if it is your primary residence and proceeds are reinvested.
Real Estate (Pre-2018)ExemptN/ASubject to a 1.5% Real Estate Transfer Tax (ITI) instead.


 
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