It is known that the government bases its speech on the fiscal surplus. The president has threatened to veto everything he interferes with his tax plans. In my opinion this is not good for the country.
The background discussion is not about the surplus. Before there is a more elementary, that the government is not willing to give, and it is the composition of income and expenses, mainly to which sectors it is sought to protect and benefit, and who will end up harmed. All the debate that has been taking place in our country can perfectly be done in this distributive plane. Let’s look at some examples.
According to the Congress Budget Office (OPC), the exceptional and emergency increase of 7.2% for retirement and pensions has an estimated fiscal impact for the second part of the year of 0.41% of GDP, while the $ 110 thousand bonus implies another 0.38% of GDP. Both total 0.79% of GDP.
It is practically what the income of the National Public Administration has fallen so far this year: 0.7% of GDP. The great responsible for this decrease was the government, which last December allowed the country tax to expire, a tribute that taxed purchases of goods and services abroad with credit and debit cards, as well as the purchase of foreign exchange for savings and some product imports. In 2024 the country tax explained almost 5% of the total collected, but the government chose not to extend it. By 2025 a loss in the collection of 1.1% of GDP is estimated for this concept.
Other impacts occurred in the external sector, which were reflected in the payment balance and in the pressure on the dollar. One of them was the release of exchange restrictions to human people. According to the last exchange balance of the BCRA, one million Argentines bought US $ 2,416 million and spent other US $ 720 million with the card abroad in June this year.
The other effect comes from the side of import liberation. According to INDEC data, in the first half of 2025 the general level of imported amounts grew 45.1% in relation to the same period of the previous year (about US $ 9,470 million more), from which consumer goods increased 69.3% (about US $ 2,247 million more). On the other hand, the total exported amounts grew only 4.9%, (about US $ 1,540 million more). We can see how deregulations are a miscarriage, as they affect the fiscal and external front, in addition to having negative impacts on national production.
It is not that “there is no money,” the government chooses who to give it to it. He denies it to retirees, university students and people with disabilities, among others, but lowers the aliquots of withholding to soybeans, corn and other agricultural products, as well as directly eliminates mining withholdings, by establishing an aliquot of 0% to 200 products, including gold and copper. For this last sector we could add the future tax benefits that were granted through the Rigi.
With the “fiscal package” the Government reduced the Aliquot of Personal, a progressive tax because it falls on those who have the most. In turn, he eliminated internal taxes for cars with values of up to $ 75 million, and reduced from 35% to 18% the aliquot of those who exceeded that value. The tax that returned strongly was profits to the 4th category, which reaches workers in a dependency relationship, above certain income.
Orthodox, or neoliberal economists are always willing to lower taxes to favor those who have the most. In a recent document from the Mediterranean Foundation, the need to eliminate taxes such as gross income, export rights, stamps and municipal fees on sales, until reaching a 7.6% remove of 7.6% of GDP is raised. How many items in health, education, public works, retirement will suffer if such a cut in fiscal income is made?
But it is not only about consulting opinions, the IMF itself states that before the end of the year the government present to Congress a tax reform. The background is in the sight of the check tax. According to the OPC, in the accumulated until July, this tax raised $ 7.5 billion. The purchase of 24 F-16 combat aircraft plus its equipment adds up to $ S650 million, an inappropriate and unnecessary expense while repressing retirees and other groups to honor the fiscal surplus.
Any fiscal decision, whether income and expenses, orders priorities and always defines who benefit and who are harmed. What you have to discuss, then, are the two models.
National Deputy Union for the Homeland, President of Solidario
Source: Ambito
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