28/01/2013 | Argentina

CFK announces 20% rise of income tax floor

27/06/2012 | Argentina

CGT group to put forward income tax proposal to Gov't

A group of unionists within the CGT umbrella union that oppose Hugo Moyano predicted today that the national government will produce an improved tax rate for workers who pay income tax adding they plan to put forward an ‘intelligent proposal’ to the government regarding the matter.

27/06/2012 | Argentina

Income tax: Lower House fails to reach quorum

Opposition lawmakers did not manage to reach quorum today to begin a special session in which they were supposed to debate several bills related to the Income tax minimum floor, one of the issues that prompted today's national truck drivers' strike and march to Plaza de Mayo called by CGT's chief Hugo Moyano.

14/08/2012 | Argentina

'Our focus should be on how growth, income distribution and poverty develop,' Stiglitz

By Liliana Franco-. While speaking at a seminar in Buenos Aires, economist and Nobel Prize winner Joseph Stiglitz assured that "our focus should be on how growth, income distribution and poverty develop,” adding that “the consequences of inflation” should be de real cause for alarm. He also avoided discussing the country’s current levels of inflation and other local issues.

28/03/2011 | Argentina

CGT calls for 'urgent meeting' with CFK over income tax floor

The CGT labour confederation called for an “urgent meeting” with President Cristina Fernández de Kirchner in order to push for a rise in income tax floor, since almost 2 million workers are expected to pay for it due to recent salary hikes.

28/10/2011 | Argentina

Central Bank defends new rules on exchange market

Central Bank vice-president Miguel Pesce, sustained today that the new controls put in place on dollars was directed at “avoiding abuse in the market.” The Central Bank vice-head also made it clear retail buyers who are able to justify their income “won’t have a problem” buying dollars.

28/05/2012 | Argentina

Gov't says no date set to increase income tax floor

After Labour vice-minister Noemí Rial announced on Monday that the income tax floor would be raised in “late June or early July,” other Government officials were forced to make a statement and warned that “these decisions are never unveiled before hand in order to avoid speculation or creating false expectations.”

30/09/2011 | World

Weak income curbs US consumer spending in August

Consumer spending adjusted for inflation was flat in August as income fell for the first time in nearly two years amid a weak labor market, according to a government report.

30/11/2012 | World

US consumer spending falls after superstorm Sandy

Consumer spending fell in October for the first time in five months as superstorm Sandy choked off car sales, suggesting slower economic growth in the fourth quarter.