Boudou announces income tax floor increase

Economy Minister Amado Boudou announced that the income tax floor increase will be $7,998 pesos for married workers with two children, and $5,892 pesos for single workers.

The amount increased by 20% and will benefit 800,000 workers.

The announcement was made after a meeting held by President Cristina Fernández de Kirchner, CGT Secretary-General Hugo Moyano, and Finance Minister Amado Boudou earlier today. 

The decision will be published on Monday in the Official Gazette.