Sunday, October 1, 2023

The bill to abolish Income will enter the National Congress on Wednesday

The Income Tax reform bill will enter the National Congress tomorrow. The proposal contemplates the removal of the fourth category to eliminate payments to workers and retirees. At the same time, the Minister of Economy, Sergio Massa announced the decree to be published in the following hours so that on October 1, they will stop paying those salaries and assets that are less than $1,770,000. What the opposition has to say about the move.

The national government send the text to Parliament in the next few hours so that it can be discussed in both chambers, to approve a tax reform, which will start on January 1, as the presidential candidate of the Unión por la Patria announced this Monday during the event in the Plaza de Mayo.

The president of the Chamber of Deputies, Cecilia Moreau, confirmed that “The project that we are waiting for tomorrow in the Deputies, what it does is the complete elimination of the fourth category of Income.”

In addition, he announced that when he enters it will be sent to the head of the Block, Germán Martínez, and also to the Budget Commission. “I will ask Carlos Heller, president of the Commission, to call the first information meeting on Thursday with government officials and all the actors of the labor movement and labor unions,” he commented.

When will it be discussed by the Deputies

Regarding when it will be possible, the head of the Lower House said that he hopes that “in the coming days” he will have a favorable opinion of the commission and announced that he will reach the chamber “next week to have half . -punishment.”

However, its approval is still unknown because the ruling party does not have its own majority, which means that it must turn to the support of various groups.

Last week, when the C5N minister announced that if elected president he would send a project to Congress, the opposition urged him to go ahead and send it this year. However, in the last few hours they have changed their position after Massa decided to treat him this week.

Patricia Bullrich, presidential candidate of JvC, He referred to Massa’s announcement and said there was still no consensus within the coalition on which position to take. “We have to think carefully. If you pay a tax, you have to know how you spend it. to make a profit in one part and everything goes up to 46 million” he declared.


Meanwhile, Massa announced on his X account the command which will be published in the following hours of Official bulletin where the non-taxable minimum will increase from October to fifteen minimum, vital and mobile wages. In this way, Next month, those with incomes and salaries below $1,770,000 will stop paying.

“Since October 1, no worker will earn up to $1,770,000 will pay Income Tax,” he said on social networks, as he announced this Monday at the event with union leaders.

And he sent a message to opposition lawmakers: “We need to make it a Law. I hope the deputies will fulfill their commitment to take care of workers’ wages.”

president Alberto Fernandez He talked about the reform of the Income and emphasized on Tuesday that during his Government “more than 2 million people stopped paying Taxes”, while the Mauricio Macri “the number of workers” who had to pay it increased by almost 80%.

“More than 2 million people stopped paying Income Tax during our Government. This is a State policy” said Fernández on his X network account.

And he criticized his predecessor: “Macri promised to abolish it, but the number of workers who have to pay it increased by almost 80%. Not all are the same,” he said.

Nation World News Desk
Nation World News Desk
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