🔴 LIVE: Deputies debate the changes in Profits in a climate of strong tension between the ruling party and the opposition

Deputies debate in a special session the bill of changes to the Income Tax announced by the Minister of Economy and presidential candidate of Unión por la Patria, Sergio Massa, after the ruling party achieved a quorum with 132 legislators, with the help of the libertarians and part of Together for Change, among others.

The discussion of the initiative in Congress occurs in a hot climate between the ruling party and the opposition, between the rejection by part of the opposition and the ruling of the Chamber of Cassation that ordered the reopening of the Hotesur-Los Sauces cases and the memorandum with Iran , which involve the vice president, Cristina Kirchner.

Read also: Elections 2023: news, where I vote, electoral roll, candidates and latest news

Prior to the debate of the project in Congress, the national deputy of Libertad Avanza and presidential candidate, Javier Milei, anticipated his support for the initiative: “I am going to vote whenever taxes are lowered, I don’t care about any political calculation, I leave you the exclusive ”, in his presentation before the Petroleum Club.

Due to the changes in the Income Tax, the amount of the gross income reached by the tax as of October 1 will amount to 15 minimum, vital and mobile salaries (currently equivalent to $1,770,000) and will be adjusted in January and July of each year, with a progressive rate on the surplus that goes from 27% to 35%.

I followed LIVE the debate in Deputies on the changes in the Income Tax

Luciano Laspina pointed out against Sergio Massa: “Massa’s campaign is going to be the most expensive electoral campaign in history, it is going to cost us hyperinflation”

September 19, 2023, 3:02 p.m.

The deputy for Together for Change emphasized: “It is a law that benefits 800,000 people and harms 47 million Argentines, putting the country on the brink of hyperinflation. Massa’s campaign is going to be the most expensive electoral campaign in history, “It’s going to cost us Argentines hyperinflation. When Massa is gone we will be left with the hyperinflation that is brewing these days and today in this facility.”

Likewise, he pointed out against Milei: “There is a common thread between Kirchnerism and the quorum – passing through the left – and the anarcho-libertarianism that sat there. That common thread is the union caste that mobilized all these gentlemen who have put in the plaza to receive this check that will be paid by the Argentine people with blood, sweat and tears, enduring hyperinflation. It is that union caste that is in the plaza and is already negotiating with those who want to come and govern Argentina.”

The ruling party achieved a quorum to debate the changes in the Income Tax

September 19, 2023, 1:20 p.m.

The ruling party in Deputies achieved a quorum to debate the changes in the Income Tax (Photo: NA – Damián Dopacio).

The president of the Chamber of Deputies, Cecilia Moreau, opened the special session to debate the changes in the Income Tax after the ruling party achieved a quorum, with 132 legislators.

In addition to Union for the Fatherland enabled the session three federal, Alejandro “Topo” Rodriguez, Graciela Camaño, and Natalia de la Sota, two missionaries, two libertarians, Javier Milei and Victoria Villarruel, four of the left, two of Santa Cruz, Claudio Vidal and Felipe Alvarez, one of the governor-elect of Neuquen, Rolando “Rolo” Figueroa, and four of Radical Evolution (Together for Change), Emiliano Yacobitti, Danya Tavela, Gabriela Brouwer De Koning and Marcela Antola.

In addition to 113 deputies from Together for Change, the libertarian, Carolina Piparo, who arrived late, the Schiarettists, Carlos Gutiérrez and Ignacio García Aresca, the socialists, Mónica Fein and Enrique Estévez, and the two legislators who respond to the elected governor, did not have a quorum. from Río Negro, Alberto Weretilneck, who did not sit on their benches on time.

Strong criticism from the opposition of the Profit Changes project: “It leads the country to hyperinflation”

September 19, 2023, 1:08 p.m.

The head of the UCR block in Deputies, Mario Negri, redoubled the criticism against the changes in the Income Tax (Photo: capture @marioraulnegri).

The head of the UCR block in Deputies, Mario Negri, redoubled the criticism against the project of changes in the Income Tax promoted by the Minister of Economy and presidential candidate of Unión por la Patria, Sergio Massa.

Negri wrote: “Massa raffled off one point of the Argentines’ GDP in one week and has turned the State into his campaign committee. He must explain how he will lower expenses to solve the modification of Profits because today he is only aiming to emit more and carry the country to hyperinflation”.

The unions concentrate in Congress in support of Sergio Massa’s project for changes in Profits

September 19, 2023, 12:35 p.m.

The unions are concentrated in Congress in support of Sergio Massa’s project for changes in Profits (Photo: TN capture).

The CGT and the two CTA, Autonomous and Workers, are concentrated around Congress along with other union groups in support of the project of changes in the Income Tax promoted by the Minister of Economy and presidential candidate of Union for the Homeland, Sergio Massa. The mobilization is also accompanied by the union table “Salary is not profit”, made up of 30 union organizations.

The groups are pressing to demand that the Chamber of Deputies approve “without further delay” the exemption from changes in Profits, a tax that they describe as “an unfair tax that has been paid for many years and distorted the entire world of work.”

Due to the mobilizations there is a total shutdown in the vicinity of Congress, Lima between Hipólito Yrigoyen and Alsina, Entre Ríos and Belgrano and Sarmiento and Reconquista. The subway does not stop at the Congreso station on line A due to security operations on public roads.

Changes in Income Tax: Milei anticipated that he will vote in favor of the project promoted by Massa

September 19, 2023, 11:53 a.m.

The presidential candidate of La Libertad Avanza and national deputy, Javier Milei, advanced his support for the changes in Ganancias (Photo NA – Daniel Vides).

Prior to the debate in Congress on the changes in the Income Tax, the presidential candidate of La Libertad Avanza, Javier Milei, announced that he will support the project sent by the Minister of Economy and candidate for the Executive of Unión por la Patria, Sergio Massa, who announced it in the campaign.

Milei anticipated: “I’m going to vote whenever taxes are lowered, I don’t care about any political calculation, I’ll leave you the exclusive,” in his presentation before the Petroleum Club, in a revelation of his position that until now was a mystery, as TN advanced.

The keys to the changes in the Income Tax

September 19, 2023, 11:36 a.m.

Surrounded by the hard wing and the “fats” of the CGT, Sergio Massa announced changes to the Income Tax (Photo: Nicolás González/TN).

The project of changes in the Income Tax promoted by the Minister of Economy and presidential candidate of Unión por la Patria, Sergio Massa, creates a new income tax based on the equivalent of 15 minimum, vital and mobile salaries (SMVM) per month (currently equivalent to $1,770,000) with a progressive rate on the surplus that goes from 27% to 35% and is updated with the value of the SMVM twice a year.

The determination of the tax is carried out in accordance with the following mechanism: at the beginning of the fiscal period, the value of the Minimum, Vital and Mobile Wage (SMVM) in force on January 1 of that year is considered, which will be updated on January 1 July of each fiscal year, considering the value of the SMVM in force on that new date.

In this way, only 88,000 taxpayers will pay the Income Tax, which represents less than 1% of total salaries, retirements and pensions. Through the initiative, the tax is sought to fall only “on the highest incomes in a dependency relationship and on the other aforementioned incomes.”

Deputies discuss Profits, between Massa’s campaign, the rejection of JxC and the tension over the ruling against CFK

September 19, 2023, 11:00 a.m.

Sergio Massa seeks a political victory with the approval of the reduction of Earnings in Deputies (Photo: Télam).

It will be a tense day in Deputies. At the urging of the Frente de Todos and the help of allies, the Lower House will meet this Tuesday from 1 p.m. to discuss Sergio Massa’s project that virtually eliminates the payment of Income Tax for the majority of workers starting next year.

Hard clashes are expected between the ruling party and the opposition, which accuses the minister and candidate – who could be present at the venue – of leaving a bomb for the next Government and the ground ready for hyperinflation, due to an electoral measure.