Milei Won’t Send Tax Reform to Argentina’s Congress: La Nacion

Argentine President Javier Milei no longer intends to send a tax reform to Congress in the coming months as governors are pushing back against his legislation, La Nacion newspaper reported Monday.

• Milei will still go forward with his labor reform, according to La Nacion
  • NOTE: Congress to begin debate on labor reform in February
• Governors already pushed back on parts of the labor reform that would cut income taxes that feed into a key source of provincial revenues
• Tax reform would have further lowered taxes that compose provincial revenues
• Milei’s administration now aims to make staggered tax adjustments

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