But Milley's government coordinator, Interior Minister Guillermo Francos, said in an interview on the same radio yesterday (7), that the new text of the “Bus Law” will restore the articles related to the change in the Bus Law. Income under the tax law, the minimum of which can be between 1,500.00 and 2,000.00 pesos (R$7,500 and R$10,000, in a parallel quote).
But the minister was unable to specify the values and denied that he would impose fees retroactively, starting from the last quarter of 2023 or the first quarter of 2024. Francos expressed confidence that the new text would pass without surprises in the vote on it. Chamber and later in the Senate.
Last year, the Peronist government of Alberto Fernández was able to approve a reform of the income tax law, led by the then Minister of Economy, Sergio Massa, who was also a presidential candidate and lost in the second round to Javier Miley.
At the time, Massa said that no worker earning less than 15 minimum wages would pay income tax. The law exempted about 800,000 taxpayers and raised the exemption limit to 15 minimum wages, which today is equivalent to about 3 million pesos (15,000 Brazilian reals at parallel exchange rates). Currently, the minimum wage in Argentina is 202 thousand pesos (1 thousand Brazilian reals, at the parallel exchange rate).
But Casa Rosada's negotiations with provincial leaders were not easy for Millie. Representatives also complain about the cessation of public works due to the cessation of the nation’s resources from the states and changes in income tax collection as workers’ salaries change in each state.
Regarding public works, the government will be ready to transfer resources to the provinces for priority works, government sources told local newspapers.
Oliver Ashford is a contributor to Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment and lifestyle. He focuses on delivering clear, balanced reporting that helps readers stay informed about current affairs and developments that matter. With an emphasis on accuracy, relevance and accessibility, Oliver aims to present useful information and engaging stories in a straightforward manner, making complex topics easier for readers to understand and follow.