Argentine government announces end of most subsidies for Buenos Aires City

Saturday, December 3rd 2011 - 08:53 UTC

Full article 5 comments

Argentine Economy Minister Amado Boudou and Planning Minister Julio De Vido announced on Friday further subsidy eliminations for utility services particularly in the City of Buenos Aires, which follows on previous subsidy cuts to several sectors implemented last month by the government of Cristina Fernandez. Read full article

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geo
the basic problem is “” the informal using “” not “”subsidy “”!!

this is valid for all other countries !!
Dec 03rd, 2011 - 09:27 am - Link - Report abuse 0
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ElaineB
Boudou argued, “it’s not reasonable to continue supporting some of the city’s services and public lighting, now the elections are over.................
Dec 03rd, 2011 - 10:01 am - Link - Report abuse 0
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jerry
I liked this part - “it’s not reasonable to continue supporting some of the city’s services and public lighting, when city taxes suffered a hefty increase”. Perhaps Macri will be the winner; the hefty tax increase by the city is for real estate taxes for all who own land and buildings within the city. As the National government owns enormous amounts of these and pays no taxes, Macri is now thinking of making it pay on those properties.
Dec 03rd, 2011 - 05:18 pm - Link - Report abuse 0
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Yuleno
Re-positioning where government hand-outs are not justifiable.A redistribution of wealth always affects the wealthiest and more educated sectors.At least free trade advocates will see this as not going far enough,the poor are not hit,and they are who they like to hit.Reaction?One can anticipate that,I think.
Dec 05th, 2011 - 02:31 pm - Link - Report abuse 0
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Rosarino
It is reasonable to end subsidies for those who can afford them.
It is also reasonable to finish overseeing flight without passing through Argentine territory and applies a reciprocity agreement with the Chilean customs for that purpose, to collect import duties that are ours because CHILE recognizes the sovereign rights of my country with Falklands.
And among those rights is that of taxation.

I do not understand because it does not publish news Mercopress as 30% increase in revenue, investments by Ford and GM in Argentina, the inexorable growth of consumption, etc.

Greetings to all South American islanders-
Dec 05th, 2011 - 06:32 pm - Link - Report abuse 0
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