The holder of the Chamber of Deputies, Sergio Massa, confirmed that new benefits will be incorporated into the bill presented by the officialism that raises to $150 thousand the non-taxable minimum of the Income Tax.» We’re going to incorporate more benefits into the Earnings project. We will add everything that makes the law richer and with as much benefits as possible,» said the president of the lower house, while stressing that «with this law more than half of those who pay today» stop paying. This Tuesday, Massa, author of the project, received union extraction legislators in the Congressional Hall of Honor to discuss the initiative. «We listen to their proposals and many will help enrich without losing sight of the fiscal sustainability of the project,» he said.
«The decision is to move as fast as possible because more than one million workers and 200,000 retirees are waiting,» he said. There are proposals linked to educational expenses, travel in some activities and overtime in others that deserve to be studied because they are of impact to more than 350 thousand workers,» he added. In addition, as to the benefits that the law would grant in the Patagonian region, Massa said: «The Patagonian differential will be guaranteed in law.» The project sets a «new floor» of $150,000 in monthly pay to start paying the tax, benefiting 63.4% of taxpayers currently paying it across the country. The aim is to provide tax relief to the working and retired middle class and to boost the domestic market.