Income Tax: the bill obtained a favorable opinion in the Senate and they will seek to sanction it next week

03/30/2021 4:39 AM

• Clarín.com

• Politics

Updated 03/30/2021 3:53 PM

The Chamber of Senators gave a

favorable opinion

to the Income Tax reform project that could become law next week.

The bill began to be debated in the upper house in the framework of a

joint meeting of the

Senate's Budget and Finance and Labor and Social Welfare

committees

.

It featured the presentation -by videoconference- of the Minister of Labor, Claudio Moroni, together with the Secretary of Tax Policy, Roberto Arias.

The initiative, approved last Sunday in the Chamber of Deputies, was presented by the president of that legislative body, Sergio Massa.

It raises the income tax floor to $ 150,000 for salaried employees and from 6 to 8 minimum salaries for retirees.

The benefit would reach 1,200,000 people and the fiscal cost is estimated at

$ 48,000 million.

Deputies gave half a sanction to the Profit reform project.

Photo Guillermo Rodríguez Adami

On the verge of approval

For his part, the president of the Labor Commission, Daniel Lovera, was in charge of confirming the pass to the signing of the bill voted by the Chamber of Deputies.

Thus, the

intention of the ruling party

was fulfilled

,

to leave the project and leave it in a position to be approved by the campus in a session that will be held next week.

Lovera considered that "it is a timely measure" in the context of the coronavirus pandemic, and argued that "it means more

money that is turned over to consumption

and is going to start to ignite the economy."

The Minister of Labor, Claudio Moroni, exposed his differences with two points of the Earnings reform.

Photo Rolando Andrade Stracuzzi

For his part, Moroni highlighted his differences with respect to the

two modifications

introduced by the ruling party in the Deputies: the exemption of overtime for health personnel and waste collectors and the productivity bonuses.

"It is not correct to encourage work in excess of the day," said the minister.

He also described

labor intensification

as "an extraordinary situation that should not be encouraged."

Moroni had already spoken out against the introduction of these two modifications before the project was half sanctioned.

Sources consulted by

Clarín

anticipated that the Senate does not plan to make modifications to the bill approved by Deputies.

GRB - AFG

Look also

Income Tax: point by point, what changes

Income Tax: point by point, what changes