December 5, 2013
As CFK calls for another meeting with business, union heads todayTuesday, August 27, 2013
Tomada: government is discussing raising income tax floor
Labour Minister Carlos Tomada yesterday became the first national official to publicly acknowledge the Cristina Fernández de Kirchner administration is studying an increase of the income tax floor.
The issue “was a part of the Santa Cruz talks,” Tomada said, referring to the meeting last week between the President and business and union leaders in the southern city of Río Gallegos.
A modification of income tax law “is being studied and will be announced when the time comes,” the official added.
Meanwhile, Fernández de Kirchner called business and union leaders for a new meeting to be held today at the Government House to continue the talks on how to solve some of the country’s main economic problems.
The invitation — sent by CFK’s Chief-of-Staff Oscar Parrilli — yesterday reached representatives from the banking associations, the Argentine Chamber of Commerce, the Argentine Industrial Union (UIA) and the Argentine Construction Chamber, as well as the pro-government factions of the CGT and the CTA umbrella unions.
The government’s idea is to maintain the format of industry-specific roundtables, which means that the head of state may hold one-on-one talks first with the commerce and construction chambers and then with ADEBA, ABAPPRA and ABA (the banking associations), to conclude talking to the workers’ representatives.
Most of these figureheads were present in Santa Cruz, where they held a three-hour-long meeting with the President.
After last week’s encounter, both businessmen and union leaders highlighted that “all key economic topics were discussed,” including a potential raise of the income tax floor, which now affects some 25 percent of all registered workers.
However, the head of state insisted that such a measure should be compensated with other taxes, so in order not to the state coffers — and asked those who assisted to “do their homework” and come back with proposals.
This is what CFK will be expecting today at Government House as from 6.30pm.
—Herald staff with Télam, online media