what economists say about the 45% increase

what economists say about the 45% increase

What is the opinion of economists

After the ad that sets the increase in taxes in the tourist dollardifferent economists gave their technical version and their points of view on the measure.

Jose Luis Espert, deputy of Advance Freedoma liberal space that does not adhere to the Milei movement, was on the program in two voices when the government launched the measure.

The economist spoke of devaluation proposed devaluations and the liberation of the dollar: “Ridiculous. If you are running out of reserves, instead of continuing to tighten the turnstile on the stocks or create additions to the official dollar, the traditional recommendation is to start making periodic devaluations of the official dollar or leave the dollar free. This is clearly not the solution.”

Fausto Spotorno, director of the director of the Center for Economic Studies OJF & AsociadosI point out that the measure does not provide a concrete answer to the problem of “foreigners spending locally”: “They raise to 45% the withholding of Earnings for card payments abroad. Effects: it increases the gap and generates state debt. It doesn’t solve the problem of foreigners spending locally.”

https://twitter.com/fspotorno/status/1547374623955755008

Carlos Maslatoneconomist, liberal reference and militant of the Milei space, La Libertad Avanza, pointed out that the State should not interfere in the transaction of dollars:

“It’s not a tax, it’s a price, and they run from behind. The solution is the easiest in the entire economy, the government does not have to sell more dollars, nor buy. The parts are bought and sold among themselves, not the state that cannot control quantity and price at the same time”.

https://twitter.com/CarlosMaslaton/status/1547414122240917505

Rodrigo Alvarezeconomist, businessman and financial consultant, was critical of the measure and spoke of “transition”: “45% and changes in the CNV. Mamita. We are just in JULY 2022. How long will this transition be?“.

“What do you call repeating the same recipe over and over again and expecting different results?” he added.

https://twitter.com/RodrigoAlvarezL/status/1547403771789058049

Christian Buteler, Financial analyst and investor, was more reluctant to the new provision of the national government and spoke of theft by the State to people who use the card abroad.

https://twitter.com/cbuteler/status/1547378700462817281

Source: Ambito

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