National deputy Máximo Kirchner, a leading figure in Kirchnerism and son of the former president, spoke about fiscal policy in Argentina and indicated that, if Peronism returns to government, taxes will be increased.
According to the son of Cristina Kirchner, one of the first steps would be the restoration of the Personal Assets Tax to the levels prior to December 10, 2023. This proposal arises in the context of strong criticism of the current administration of Javier Milei, who implemented a series of tax reductions.
In a recent interview, Kirchner questioned the effects of the reduction of this tax: "This government, for example, lowered Personal Assets Tax and no one is seeing that this has helped to boost the Argentine economy," he criticized.
Máximo Kirchner propuso subir impuestos.
"One thing Peronism must do, for example, is to set Personal Assets Tax as it was on December 9. A very small thing, minor, but necessary," Kirchner stated, emphasizing that the State must take resources from the pockets of Argentine workers.
Meanwhile, communist leader Juan Grabois also recently proposed a progressive tax targeting large fortunes. According to his explanation, the tax would affect the percentage of Argentines with high net worth, encouraging capital flight, tax evasion, and disinvestment, generating less net revenue than expected and harming the country's economy.
Javier Milei lowers taxes
In stark contrast, Javier Milei's government implemented significant tax reductions, including Personal Assets Tax, as part of a strategy to encourage private investment, promote consumption, and improve the competitiveness of the economy.
El dirigente comunista Juan Grabois.
With these policies, a more favorable environment for economic activity is created and allows the resources caused by growth to remain in the hands of those who produce them, avoiding the tax burden that has historically harmed the expansion of companies and enterprises.
Thus, Máximo Kirchner and Juan Grabois propose enormous tax increases if they return to government, harming Argentine taxpayers, in contrast to the tax reduction policy implemented by Milei, which seeks to boost the economy in the long term.
