Massa promised to eliminate the income tax for workers if he is President

2023-09-07 01:54:00

Sergio MassaMinister of Economy and presidential candidate of Unión por la Patria, announced this Wednesday that he plans to eliminate income tax that employees with the highest income must pay, in case they reach the Presidency on December 10.

“If I am president, the workers will not pay profits”assured Massa in the context of the program Minute Oneconducted by Gustavo Sylvestre, broadcast on the screen C5N.

Likewise, the head of the Palacio de Hacienda recalled that the tax burden of this tax for employees is being reduced.

“I am going to send a law with the topic Profits if I am president, or there before”said the Minister of Economy.

In addition, he charged once morest the “directors of companies that do not pay profits for exemptions that they have.”

On the other hand, he confirmed that the draft Budget for 2024 that he will send to Congress will have “tax surplus”in the framework of an interview in C5N in which he dedicated himself to attacking the proposals of his competitors, Javier Milei and Patricia Bullrich, ahead of the presidential elections on October 22.

“Miilei’s mask fell off,” argued Sergio Massa

The candidate for president of Unión por la Patria criticized this Wednesday, September 6, the “adjustment and dollarization” plan proposed by the libertarian candidate, Javier Mileywhom he severely criticized for his statements regarding the exchange rate that he would implement in case of dollarizing the economy.

“Which [Javier Milei] sold even the PASO as dollarization, is actually the 100% devaluation that the International Monetary Fund asked us four months agopreluded by an adjustment that, in terms of people’s daily life, represents going from public universities to paying universities, that the train ticket becomes worth $1,100, that the bus ticket becomes worth $650,” Massa explained during the program Minute One (C5N).

In that sense, Massa questioned the statements of Javier Milei during the 9th edition of the Latam Economic Forum, where the economist had calculated the exchange rate in case of dollarization. “Today it would be at the price of the CCL, which is trading at $730,” said the leader of La Libertad Avanza.

Regarding these statements, Massa expressed in the program hosted by the journalist Gustavo Sylvester that “one thing is to speak with nice phrases and another thing is to take it to the numbers of the people”.

Javier Milei and Sergio Massa. Photos: Télam

For the minister, to the libertarian “His mask fell off. When Milei says $730, she’s talking regarding a 100% devaluation“.

“According to him, there are too many people in the job market. That means that the program is the same as that of the entire Argentine right: adjustment and devaluation. They disguise it as a flirtatious thing, they put dollarization on it… The way out of Argentina is to export more than it imports and make the Central Bank strong by accumulating reserves“, considered Sergio Massa.

Survey: Milei adds a couple of points, Massa remains the same and Bullrich falls ahead of October

Measures that the Government is preparing to ‘mitigate’ inflation in August

Regarding the immediate measures that he would take if he were the next national president, Massa stated that he plans to eliminate the income tax, even before the end of Alberto Fernández’s term.

“If I am President, the workers will not pay Income Tax. Or, there, before. And I’m not like (Mauricio) Macri, because I’ve already been lowering it. I raised it from Congress, I raised it once more from the Executive and soon I am going to send a law with the subject of Profits,” declared the Unión por la Patria candidate.

“Why don’t we compare how much they charge the laburante while company directors do not pay Income Tax for exemptions that they have from the tax point of view?”, said the Minister of Economy in C5N.

Regarding the 22% devaluation resulting from the new IMF demands to meet the goals of the last review of the agreement, the head of the Palacio de Hacienda indicated that from the Economy portfolio they are studying “measures to offset the damage of inflation”which would be applied in the coming months.

“We are going to continue with measures for retirees and workers,” said the minister in Minute One. “We are going to continue compensating for the damage caused by inflation in August, also knowing that September, October and November are going to go down a path of reduction of what inflation was in August and that is going to allow us to improve the income level of the worker”, Massa graphed.

CA/ED

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