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by jviotti
15 days ago
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> “This idea of wealth taxes on the super-rich has a clear connotation of envy,” Milei told Neura. “We consider taxes to be theft.” > “The billionaires of the world who want to flee increasingly high-regulation and high-tax countries are very welcome to come to Argentina, the new land of freedom,” Adorni said. How true is this in practice? Argentina's income taxes are not low by any standard (35%), capital gains are not zero (15%), and there is a wealth tax if you hold foreign assets. I happen to be Argentinean, and got out of the country around 2 decades ago because of the trouble and practical taxation when working remote for foreign companies. I definitely like what this article says, but it doesn't seem to hold true at the moment? That said, I might be missing something, as I've been mostly detached from Argentina's economics and politics for a long time now. |
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