The former advisor to the libertarian president criticized the head of the economic portfolio for his comments on taxes. Rodríguez served until November 2023, prior to taking office, as chief economic advisor.
The former advisor to the president Javier Milei, Carlos Rodríguez, He pointed at the Minister of Economy, Luis Caputo, who said that Argentines will have to “sell their dollars to pay taxes”: “What are those who do not have money to launder and sell going to do?”
Through his official account on the X platform (formerly Twitter), the economist who advised Milei in his early days at the head of the Executive Branch crossed paths with the head of the economic portfolio: “If there are not going to be pesos in the market, What are those who do not have the money to launder and sell at the official dollar rate to the BCRA going to do?“.
“The Germans survived hyperinflation with two or three bills per person. But surely they didn’t have hundreds of taxes, tariffs, fees and contributions “They were trying to collect several times the same GDP!” he added.
Rodríguez served as Javier Milei’s chief economic advisor until November 2023. Before the presidential inauguration, the specialist distanced himself from the libertarian administration and pointed out mistreatment by the newly elected president: “I have not been consulted in months.”
The sayings of Luis Caputo
This Thursday night, the head of the economic portfolio used his social networks to answer a question about the decision to close the issue in pesos to begin the purchase of dollars in the Single and Free Exchange Market (MULC) which has been in effect since last Monday.
Luis Caputo Minister of Economy
Mariano Fuchila
“Nothing changes in the exchange rate. This It is a deepening of the monetary scheme. As the BCRA injects pesos by purchasing dollars in the MULC, it will effectively sell dollars in the CCL to sterilize those pesos. That is, the amount of pesos will no longer grow. It will only shrink, since the country currently has a fiscal surplus. As we have been saying since January, the peso will be the currency in demand, since taxes will continue to be paid in pesos and the amount of pesos will be reduced more each month by the equivalent of the primary surplus,” he explained when announcing the operation.
The Government confirmed when it will eliminate the PAIS Tax
Among other definitions, Caputo confirmed that the PAIS Tax will end in December and will not be renewed. “It is very important to get it out because it is a super distorting tax that we imposed temporarily “given our political weakness,” the official said.
“When I put that tax in place I said that I was going to make it provisional, that It was essentially to go to 0 deficit and gain negotiating power with the provinces and with Congress, and that I would get it out as soon as the law was passed. Of course, nobody believed me because Every time a tax is imposed in Argentina, no one removes it.“, the minister said.
Source: Ambito
