In the Ministry of Economy they understand that the most effective tool to improve the purchasing power of salaries is to lower inflation. However, they will advance with different measures such as tax relief and income reinforcements to alleviate the situation. It is within this framework that the announcement made by Massa and Raverta to expand family allowances is inscribed.
Starting in March, the income ceiling to receive Family Allowances will be equalized with the Income Tax floor. Thus, the new ceiling will go from $158,000 to $404,000. The measure will be of a permanent nature, so that, before each update of the floor for which the tax begins to be paid, the ceiling up to which the benefit is received will also be updated.
According to ANSES calculations, the initiative will benefit some 600,000 wage earners and will include some 900,000 boys and girls in the official plan. According to the official communication, the expansion of this coverage implies an approximate fiscal effort of $4,000 million per month.
pension moratorium
Despite not having the support of the majority sector of the opposition framed within Together for Change, The agreement of the ruling party with other blocks, such as the federal Peronism and the left, advances to achieve a quorum and discuss the pension moratorium projecthe. Unbeatable legislative sources confided to Ámbito that at this time, the necessary number is available to bring the issue to the venue.
The initiative is essential for ANSES, since according to official calculations this year alone some 800,000 people will not be able to retire if the project is not turned into law. Estimates indicate that only one in ten women and three in ten men have thirty years of contributions necessary to carry out the process.
The payment plan would make it possible to cancel contributions owed up to 2008 in up to 120 installments that will be deducted directly from the retirement account. The fiscal cost is projected at 0.04% of GDP, which is also already provided for in the 2023 Budget that was voted in Congress with the support of the opposition.
Source: Ambito
