Argentine farmers are disappointed with the new taxes on farm produce exports decreed by government, and particularly with president Alberto Fernandez who had promised during the campaign to work with them in developing policies. Read full article
The Argentine economy is in recession and the best idea for the new government is to raise taxes !!! .... yes, yes, yes, yes, you are reading well, there is no money nor the streets neither in the pocket of people .... so, taxes must go up !!! Can you belive this?
Pgerman
These aren't taxes on the pockets of the people, though. Do big farmers and agribusiness spend and invest their profits in Argentina, or does the money end up abroad? If it's the latter, then 'retenciones' might keep more money in the country, at least in the short term. Besides, there is the small matter of $57bn owed to the IMF. They have to raise money somehow, do you think higher income taxes would be better?
It is a joke? Have you been reading the project? There are more taxes to be paid for all mid-class. No increase at all for retired people that collect more than 19,000 pesos (this is U$D 300) during the next half a year. Taxes for those who buy dollars to protect savings (you cannot buy more than U$D 200), taxes for mid level brand new cars, personal taxes increase.......and more inflation.
You are really stressing up our poor pgerman. Those who singed the praises of Mauricio Macri as he dismantled the Argentine economy are crying wolf because they are terrorized by the possibility of an eventual Alberto Fernandez success in, first, stopping the economy's free fall and then recovering it.
The contrast between the two governments would be too evident. As a result, the Macrist legislators attempted to stop the lower chamber session by not sitting -- but came at once to oppose it once the Peronists reached quorum with help from legislators from two other small blocs.
Pgerman? I don't know why he wants the F-F government to fail. He may be one of those who benefited under Macri, or he may just be ideologically opposed to Peronism -- a position shared by about 30 per cent of Argentine voters.
A success of the F-F government would debunk the neoliberal theories about how to handle a country's economy, and I am sure many will be wary of such a terrible possibility.
In the case of Alberto Fernández, he is not even getting the proverbial 100 days' honeymoon. La Nación and Clarín are in full attack mode, there have been attempts to mobilize the rural producers against the increased export taxes, and Fernández measures to provide bonuses to those getting minimum pensions is portrayed as an attempt to freeze all pensions' amounts.
Conversely, as you noted, the Peronists largely allowed Macri to go ahead with most of his bills.
Fernández' challenges to put the economy in motion again are immense in view of the current paralysis and the large foreign debt. Any mistakes will be trumpeted by the dominant media and exploited by the opposition -- good decisions will also be attacked, no matter what.
There is only one thing nobody can take away from Argentines: hope. Hope in a better future. Would be nice if this hope were understood and respected.
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Dec 17th, 2019 - 08:52 am - Link - Report abuse 0https://www.pagina12.com.ar/humor/rudy_paz/236979
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The Argentine economy is in recession and the best idea for the new government is to raise taxes !!! .... yes, yes, yes, yes, you are reading well, there is no money nor the streets neither in the pocket of people .... so, taxes must go up !!! Can you belive this?
Dec 19th, 2019 - 12:49 pm - Link - Report abuse 0Pgerman
Dec 20th, 2019 - 08:45 am - Link - Report abuse 0These aren't taxes on the pockets of the people, though. Do big farmers and agribusiness spend and invest their profits in Argentina, or does the money end up abroad? If it's the latter, then 'retenciones' might keep more money in the country, at least in the short term. Besides, there is the small matter of $57bn owed to the IMF. They have to raise money somehow, do you think higher income taxes would be better?
DemonTree
Dec 20th, 2019 - 06:45 pm - Link - Report abuse 0It is a joke? Have you been reading the project? There are more taxes to be paid for all mid-class. No increase at all for retired people that collect more than 19,000 pesos (this is U$D 300) during the next half a year. Taxes for those who buy dollars to protect savings (you cannot buy more than U$D 200), taxes for mid level brand new cars, personal taxes increase.......and more inflation.
Failure guarrantized
Really? I only heard about the tax on buying dollars. If they do raise taxes on ordinary people it isn't going to do much for growth.
Dec 20th, 2019 - 09:38 pm - Link - Report abuse 0DT
Dec 22nd, 2019 - 06:13 am - Link - Report abuse 0You are really stressing up our poor pgerman. Those who singed the praises of Mauricio Macri as he dismantled the Argentine economy are crying wolf because they are terrorized by the possibility of an eventual Alberto Fernandez success in, first, stopping the economy's free fall and then recovering it.
The contrast between the two governments would be too evident. As a result, the Macrist legislators attempted to stop the lower chamber session by not sitting -- but came at once to oppose it once the Peronists reached quorum with help from legislators from two other small blocs.
Why would Pgerman want the government to fail? He doesn't work for Macri.
Dec 22nd, 2019 - 04:56 pm - Link - Report abuse 0It's pretty shit the opposition are being obstructive, though. IIRC the Peronists were willing to compromise with Macri during his term.
DT
Dec 23rd, 2019 - 06:49 am - Link - Report abuse 0Pgerman? I don't know why he wants the F-F government to fail. He may be one of those who benefited under Macri, or he may just be ideologically opposed to Peronism -- a position shared by about 30 per cent of Argentine voters.
A success of the F-F government would debunk the neoliberal theories about how to handle a country's economy, and I am sure many will be wary of such a terrible possibility.
In the case of Alberto Fernández, he is not even getting the proverbial 100 days' honeymoon. La Nación and Clarín are in full attack mode, there have been attempts to mobilize the rural producers against the increased export taxes, and Fernández measures to provide bonuses to those getting minimum pensions is portrayed as an attempt to freeze all pensions' amounts.
Conversely, as you noted, the Peronists largely allowed Macri to go ahead with most of his bills.
Fernández' challenges to put the economy in motion again are immense in view of the current paralysis and the large foreign debt. Any mistakes will be trumpeted by the dominant media and exploited by the opposition -- good decisions will also be attacked, no matter what.
There is only one thing nobody can take away from Argentines: hope. Hope in a better future. Would be nice if this hope were understood and respected.
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