December 7, 2013
Echegaray praised 'joint effort' in 'progressive' income tax regime
Following the new regime that will become official on September 1 and that takes income tax floor to 15,000 pesosA, FIP tax bureau head Ricardo Echegaray praised the “interest” of business leaders and unions “in the creation of a more progressive system” that will make “those who have more to pay” more.
In a TV interview, Echegaray said the increase of the income tax floor announced yesterday by President Cristina Fernández de Kirchner has been a “joint effort” by economic and social players that has social inclusion as a mainstay.
“It is obviously a process that will have to be worked on and improved everytime there are salary increases so that those who have less can be included and the state fulfills its commitments,” the AFIP chief told reporters and added that “no state policy can be carried out without tax collection.”
In that sense, Echegaray explained the state will be now accountable for 55-percent of the collection and added that the government rejected two tax raise proposals by the private sector on fix-termed deposits and on companies that list at the stock market.
Meanwhile, a modification to family benefit schemes was also announced yesterday by the ANSES social security head Diego Bossio. A long-awaited decision, the wage limit to apply for the 110-peso-per-child monthly payment is now of 15,000 pesos per spouse and 30,000 per family.