🔁Mario Nawfal:
🇦🇷 MILEI TAX CUTS WORK: REVENUE SURGES DESPITE LOWER RATES
Argentina’s government collected $12.8 trillion in March — a 7% year-over-year jump — even after slashing export duties and eliminating the PAIS tax.
Income tax rose 111%, VAT jumped 55%, and social security revenue nearly doubled.
Driven by economic recovery and rising worker incomes, Q1 revenue is up 8% — and 20% excluding foreign trade taxes.
Sources: ARCA, IARAF @ArgMilei @JMilei
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
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🇦🇷 MILEI TAX CUTS WORK: REVENUE SURGES DESPITE LOWER RATES
Argentina’s government collected $12.8 trillion in March — a 7% year-over-year jump — even after slashing export duties and eliminating the PAIS tax.
Income tax rose 111%, VAT jumped 55%, and social security revenue nearly doubled.
Driven by economic recovery and rising worker incomes, Q1 revenue is up 8% — and 20% excluding foreign trade taxes.
Sources: ARCA, IARAF @ArgMilei @JMilei
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
4 days ago
