In the opening speech of the rural exhibition organized by the Argentine Rural SocietyJavier Milei announced on Saturday a Reduction of exports withholdings of carne vaccine and avian, corn, sorghum, sunflower, military and its by -products, up to seven percentage points. It is a Millionaire transfer of resources to the pockets of the great employers, in the context of a hard adjustment towards the working majorities.
In addition, Milei said the reduction will be permanentein the government’s commitment to move towards the total elimination of withholdings. “
“From now on, retentions to avian meat and vaccine will drop from 6.75% to 5%,” said the president. “Corn withholdings will fall from 12% to 9.5%; those of the sorghum, also from 12% to 9.5%; those of sunflower, from 7.5% to 5.5%; and Soy withholdings will drop from 33% to 26%”He listed.
In addition, he informed that SOJA by -products will be taxed 31% to 24.5%. With this package of measures, “the reduction of the aliquots for the grain chain is 20% and the decline for the cattle and meat chain reaches 26%, which will be permanent,” said Milei. The transitional reductions that had already been applied to the wheat and the barley.
“Eliminating withholdings is a obsession For our management and we have given many advances in that direction, ”said Milei. He added that“ we already eliminate the withholdings to the regional economies, to the dairy sector, to the pig meat and some segments of vaccine meat, but it is very important to keep in mind that all this is only possible and thanks to the fiscal surplus that we have achieved, which we take care of as water in the desert before the systematic attacks of the political caste ”.
The first to speak at the act in Palermo was the President of the Argentine Rural Society (Mrs), Nicolás Pino. There he made a criticism of the continuity of the withholdings, repeating the historical speech of the ruling classes regarding their interests is detrimental to society all: Preparing the land for the announcement of the president, said the withholdings would not only harm producers, but also to society as a country because they are an obstacle that paralyzes the sector and does not allow it to express its potential.
“While we did the speech we discussed if we were going to speak pessimistic or optimistic, but we decided that we were going to be realistic. We have to recognize the advances in the country Since last year and what we need to do, but we know where we don’t want to return, ”said Pino, and turned to look at the president, who smiled at him. Everything prepared for the great electoral announcement for his social base: the great employers.
But also, The government is locked in its own economic scheme. It fails to accumulate dollars, the exchange rate under exacerbates the output of currencies and worsens the current account deficit. He Monetary Fund Congratulates the government fiscal adjustment (hidden from a huge mass of debt interest that is not counted but that implies resources output), but does not finish disburseing and “forgive” (Waiver) to the government for not fulfilling the goal of accumulation of reserves.
Attached by the imminent replacement of retentions, the exporters of the field rushed to make liquidations before July, registering in June a record of dollars for exports of US $ 9,121 million in the exchange balance of the Central Bank. While there is not much left of the thick harvest to be liquidated, the government needs every dollar that can enter by exports before October.
What is true that lower export taxes (export rights) imply both a millionaire benefit for agricultural employers and a lower collection for the State, which the Government will seek to compensate with greater taxes to working families and a greater adjustment of public spending to maintain the fiscal surplus that so longs for. On the other hand, Milei and Caputo continue to adjust to health, to the workers of the Garrahan hospital, the retirees, the education, while giving free way to the dismissals in the private sector and limits the peers.
Source: www.laizquierdadiario.com
