The exchange of tax information with the US is key to ending exchange extortion

The exchange of tax information with the US is key to ending exchange extortion

Vallejos made these statements through a thread that he published on the social network Twitter, in which he stressed that “in addition to the potential collection that the AFIP calculates at USD 1,000 million per year, the most relevant aspect of the agreement has to do with the potential repatriation of the assets that would be, in my opinion, one of the keys we need to end exchange extortion”.

https://twitter.com/fvallejoss/status/1598382681401630720

In this same sense, Vallejos pointed out that “with the backpack of the Macrista debt and the bad economic-financial management of 2020-21, the BCRA was left very weakened (with few reserves) and the country hostage to those who control the supply of currency. Recovering part of the escaped USD is key to breaking this dynamic”.

For Vallejos, the repatriation of capital derived from the tax information agreement with the United States “would be equivalent to putting into practice the spirit of our senators’ project to ‘make those who escaped pay'”.

In this same sense, the chief economist of the Economic Project recalled that “the lack of USD, critical due to the weight of the debt, is the central engine of inflation and, therefore, of the adjustment on wages and popular income.”

Finally, Vallejos stated that “this act of justice should also be reinforced by resuming negotiations with the IMF to correct, at least, some of the ballasts of the agreement negotiated by Guzmán and approved in March, such as excess interest (in addition to thickened by the Fed rate hike) that they charge us.”

Source: Ambito

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