MercoPress. South Atlantic News Agency
Moyano hails as personal victory the increase by 20% of minimum income tax floor
Argentina’s powerful organized Labour Confederation leader Hugo Moyano celebrated Friday as a victory for the “workers movement” that the government of Cristina Fernandez de Kirchner decided to raise by 20% the minimum income tax floor. Read full article
Comments
Disclaimer & comment rulesMoyano / is very vigilant & resilient man !
Apr 02nd, 2011 - 09:43 am - Link - Report abuse 0minimum wages ? average - balanced way !
no victory in reality ....
False promises, Fools gold,
Apr 02nd, 2011 - 12:17 pm - Link - Report abuse 0What ever he gives , someone will have to pay for it,
And once again he like other before him, will prey on the fears of the poor and the weak, and the greedy ambitions of the rich,
but of course to some he is a hero , purely depends on your point of view ??
Do you think that the bimbo understood that increasing the tax floor is going to reduce the amount of tax people are paying?
Apr 02nd, 2011 - 01:09 pm - Link - Report abuse 0to WestisBest. (#3).
Apr 02nd, 2011 - 01:58 pm - Link - Report abuse 0Usually is as you say but NO in this case. People living paycheck after paycheck are being charged with this tax that was supposed only to tax profits, no salary.
I do not support this government (the “K”) but this rule was necessary for most of working people
I am not a fan of Moyano but given the very high rate of inflation it makes sense to help the poorer paid worker in this way.
Apr 02nd, 2011 - 03:24 pm - Link - Report abuse 0The government should be putting some effort into collecting from the wealthy indulging in tax avoidance (enabled by bribing local officials). This has been an issue for decades.
The distribution of wealth in South America is worse than Africa and until that is addressed the continent will remain stunted in development. Brazil is the only country to have made any real effort in this regard.
@4 Surely this is the individual income tax threshold they are talking about, it should be a separate corporation tax on business profits.
Apr 02nd, 2011 - 05:52 pm - Link - Report abuse 0@ 5
Apr 02nd, 2011 - 06:33 pm - Link - Report abuse 0you seem to be forgetting Uruguay
The only nation in South America that still has relatively acceptable income equality.
As I said someone has to pay for it, and this normally falls to the tax payer,
Apr 02nd, 2011 - 06:46 pm - Link - Report abuse 0while we all know that the rich also pay tax, we all know pound for pound
the poor pay more, to me, the whole point of a government was to share wealth evenly so we all enjoy the benefits, but sadly this never happens,
the governments do have the power to enforce, but never do, perhaps then, until we come up with an alternative to money and precious items of value, things will never change, but theirs always hope ?
http://www.youtube.com/user/SchiffReport#p/u
Apr 02nd, 2011 - 07:04 pm - Link - Report abuse 0The US and Argentina have something in common.
@7. No, I was speaking in continents rather than individual countries. Brazil has made some efforts but with a long way to go. You have mentioned Uruguay.
Apr 03rd, 2011 - 10:27 am - Link - Report abuse 0One could also highlight the Chilean economy as the good house in a bad neighbourhood. Which makes their poor distrubiton of wealth and lack of social mobility as verging on criminal. There is no excuse in a country with a thriving and stable economy.
Actually I would think the best government in the region both at collecting tax fairly, spending it wisely and encouraging fair access to all of its opportunities would probably be the Falkland Islands - Low unemployment, low tax evasion, low poverty, low inflation, higher average earnings and standard of living.
Apr 03rd, 2011 - 03:13 pm - Link - Report abuse 0Commenting for this story is now closed.
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