“It doesn’t bother me to pay for income, because if you have income you are clearly working and doing well. Nothing happens if I pay the income of 30%, 35%, in England it is 50%. You are generating money, that’s fine, you pay. What does not convince me is that you pay an annual percentage of the assets you have, It seems crazy to me. If you already paid income taxes, why do you have to keep paying more money?”, argued Aguero.
The video quickly traveled the world and Argentine politicians picked up the gauntlet. The first was the Secretary of Tax Policy of the Ministry of Economy, Roberto Arias, who answered why the wealth tax is “complementary” to Income.
“In several European countries, the Profit rates are much higher than in Argentina, although they do not have a tax on Personal Assets. An estate tax is a good complement to income taxes, because very wealthy people have many ways to avoid income taxes. Perhaps it is not the case of a soccer player, but the tax laws are general”, added later.
Finally, the government official admitted that “the agreements must be improved and expanded” so that avoid double taxation at the international level, although he stressed that this “does not resolve that within a country an income is then taxed as equity.”
“The tax laws in a democratic republic are approved by the representatives of the people and serve to finance the State, which we all are. It is great that Kun (whom we all love) raises these issues to strengthen citizen debate”Arias concluded.
While this was happening, Ricardo López Murphy, an opposition figure, asserted that the State “must stop looting taxpayers with taxes.” so that Argentina is headed on a path of more investment, production and growth.
“It fascinates me that people are waking up and protesting against the crazy taxes we pay. In the end, the State seems to be punishing you for working and being successful. They punish effort and reward laziness, that’s why there are people defending it “added Ramiro Marra, deputy for Libertad Avanza.
To put an end to the discussion, the soccer player reappeared, who responded to the criticism through his Twitter and clarified that the wealth tax is not an Argentine invention but exists in “many” countries. “Now I ask you, if all your life you generated 100 already paying taxes, why do you keep paying? If you have no income in the year, you continue to pay the same. I was poor and nobody gave me anything”, he asserted.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
