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Earnings, monotax and de-dollarization of rates, among the economic axes of the Government

2021-03-01T17:40:20.321Z


In the framework of a scenario without guests due to the coronavirus pandemic, the president began the 139th regular session of Congress, with a message before the Legislative Assembly, whose main focus was on promoting the reactivation of the economy .


Soledad Navarro

03/01/2021 14:30

  • Clarín.com

  • Economy

Updated 03/01/2021 2:38 PM

With an atypical scenario, with very few people in the venue, in a mixed system of presence and virtuality due to the health measures that are being carried out due to the coronavirus pandemic, President Alberto Fernández opened the 139th Legislative Sessions 202. There he made a He toured the mistakes and successes of his management, and took the time to make some economic announcements: Earnings, Monotax, de-dollarization of rates were the axes of his speech.

"We received a squalid economy, indebted

as it had never been before, a broken health system, which allowed vaccines to expire," he said at the beginning of his speech.

First, he made an extensive account of economic successes such as: the food card, the IFE, the provisions to avoid layoffs or help companies pay salaries, as well as the delivery of free medicines to retirees, and others that promoted dialogue with businessmen and women. unions to contribute to wage discussions.

Then, the place for the announcements was opened.

 "That each family has a roof continues to be a goal to be met

. That is why we launched

the" Own House - Build Future "plan,

the purpose of which is to reach,

by the end of 2023, 264,000 housing solutions throughout the national territory

,

" he

explained.

He also announced

a strengthening of the domestic market, with more consumption

, and the continuity of policies to sustain tourism activity.

He advocated supporting

the Power Plan, which plans to create 300,000 jobs

, and announced the creation of another work plan

for 30,000 young people in 10,000 SMEs throughout the country

.

And he also detailed that he will send 6 bills to Congress.


Earnings and Monotax

The president asked legislators in his speech for "speed" in the treatment of Earnings and Monotax.

These are the changes that are being promoted so that it does not reach salaries and pensions of

less than $ 150,000 gross per month,

and the modifications to the Monotax law, which will establish the new scales of the regime.

"We propose to increase the amounts of the non-taxable minimum for Income Tax," he said.


In this regard, he said:

“I want to ask this honorable body to speed up

the treatment of the law.

If we do so, more than 1,200,000 Argentines will be released from paying this tribute. "

And in that sense, he assured that “many monotributistas were harmed by the pandemic.

That is why it is necessary for this Congress to approve the law that re-categorizes and provides moratoriums to 300,000 monotax borrowers ”.

Both initiatives entered Parliament this summer, one led by the President of the Deputies, Sergio Massa, and the other (Monotax) was elevated by the Executive Power.

Mobility Institute

The Mobility Institute will be created

, with tax incentives for companies that develop low-pollutant electric vehicles and lithium batteries.

Cannabis cultivation

The Government will promote a project of

"use of the cultivation of cannabis for industrialization purposes for medicinal and industrial use",

noting that the industry of this product "tripled" in the last time.

Also, he announced before the Legislative Assembly that the State, which will promote an "improvement to strengthen national purchases of medicines."


Hydrocarbons Law

There will be a new law that will seek to comprehensively address the sector.

"Energy policy is key to the development of the country," said the president.

And he added: 

"we have to regain self-sufficiency, and that all Argentines have access to energy

.

"

Rates

The government promised to review the tariff schedule that was frozen during this year and a half.

The proposal contemplates

"pricing differentials"

, according to the patrimonial capacity of each user.

In that sense, he said that state subsidies will cover the difference.

In this regard, he acknowledged that the initiative "may take months" to have the new tariff schedule. In addition, he confirmed that he will send a bill to

"declare the emergency in public services to de-dollarize them definitively",

and "adapt the rates to an economy that

he has his income in pesos ".

In that sense, the mandario estimated that they seek that from next year the rates of public services are linked to the income of the population.

But he did not specify if they will remain frozen during 2021.


"The nightmare of having to decide between eating and paying for services has come to an end," said the President when speaking before the Legislative Assembly.

The President pointed out that the objective is that from next year the rates of public services are linked to the income of the population.

But he did not specify if they will remain frozen during 2021.

Fernández also criticized former President Maurio Macri

for increases in services during his term

.

"Between 2016 and 2019, the increase in electricity and gas rates became a true martyrdom for Argentines. Producing, transporting and distributing companies filled the pockets of shareholders without the State demanding an investment plan from them to improve the quality of services, "he said.

In this regard, he pointed out that if they continued to focus on the current comprehensive review system, imposed by the previous government,

gas should have increased 80% in October and should have increased 130% in April.

And electricity should be above 168% in April.

"I promised to put an end to this nonsense,

" he concluded.

Public works


"We are going to promote more public works without favoritism or exclusions,

" he said in Congress, who also said that there will be more works during 2021 in order to "calm the economy and boost production and employment."

"We have 1000 works in execution in the 24 jurisdictions," said the president when giving his message to the Legislative Assembly.


"For the economy to grow steadily, it is essential to produce more,"

stressed the president.

And along the same lines, he commented: "We are boosting exports with higher added value. That is why we reduced production rights to industrial activity. Less withholdings for those who make more production of the product," he said, adding that

"in the case of knowledge economy, they were totally eliminated ”.

"I ask Congress to speed up the treatment of the project that allows the reduction of the income tax

,

" he

said after mentioning other work-related milestones such as that

"the industry recovered all the jobs that had been lost during the pandemic."

.

In another vein, Fernández pointed out that

"dialogue will contribute to the disinflation process"

and, in this context, he applauded the tables set up with trade unionists and businessmen on prices and wages.

"Each sector must be willing to contribute. No one is saved alone. It is essential to coordinate efforts so that wages beat inflation," he said when giving his message to the Legislative Assembly.

Inflation is the main evidence of our deficiencies and we are going to address it comprehensively, "he said.

And after weighing the

Supply Law

to guarantee that "food and essential items are on the table of Argentines", Fernández questioned before the Legislative Assembly the sectors that "amass fortunes speculating with prices", for which he ratified the objective of

"making wages rise and prices stabilize."

SN

Look also

Alberto Fernández's full speech at the opening of ordinary sessions of Congress 2021

Source: clarin

All business articles on 2021-03-01

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