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April 16, 2014
Tuesday, January 21, 2014

Capitanich slams tax critics: They are against income redistribution

Chief of Cabinet Jorge Capitanich today spoke out against critics of the national government's tax policies, stating that such figures "are against income redistribution."

"There is a debate to be had around tax burdens, but the system's progressiveness has improved over the last decade," the politician stated, during a press conference held this morning in Government House.

"On the other hand, when one compares with other Latin American countries, the structure is different; which is why the tax burden increases when there is more employment and when there are pay agreements."

For Capitanich, "the most important thing is that those who complain are those who are against the distribution of laptops in schools, those who oppose family welfare and a system [of health] with better coverage, that is the debate in Argentina."

The Cabinet Chief's remarks come after a report from the OECD revealed that Argentina has a higher than average tax revenue than the rest of the region.

According to the study, the tax burden across Latin America grew to an average of 20.7 percent of GDP in 2012.

Argentina, with 37.3 percent, shows the highest figures in the region, followed by Brazil (36.3%) and Uruguay (26.3%).
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Tags:  Capitanich  tax  government  Argentina  


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