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Shardikprime@lemmy.world to News@lemmy.world · 1 year ago

DOGE inspiration Javier Milei says he'll reform Argentina's tax system to have no more than 6 taxes

www.businessinsider.com

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DOGE inspiration Javier Milei says he'll reform Argentina's tax system to have no more than 6 taxes

www.businessinsider.com

Shardikprime@lemmy.world to News@lemmy.world · 1 year ago
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Argentina's President Javier Milei said he will simplify its tax system to bring the number of taxes down to just 6, as part of cost-cutting measures.
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  • otp@sh.itjust.works
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    1 year ago

    Four for the middle class, two for the lower class, and one for the upper class who don’t pay their accountants* enough.

    • cybervseas@lemmy.world
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      1 year ago

      Sounds like the Lord of the Rings

      • pikmeir@lemmy.world
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        1 year ago

        But they were, all of them, deceived, for another Tax was made.

      • pdxfed@lemmy.world
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        1 year ago

        One class to serve them all, laws and cops to bind them.

        One class to rule them all, and raw greed to blind them.

  • RizzRustbolt@lemmy.world
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    1 year ago

    6 is the highest number after all.

    • kautau@lemmy.world
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      1 year ago

      I rate this tax system a 5/7, perfect score

    • prole@lemmy.blahaj.zone
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      1 year ago

      Everyone knows that 24 is the highest number.

      (Don’t know why this is split into 3 parts)

  • Flying Squid@lemmy.world
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    1 year ago

    More than half of Argentina’s 46 million people are now living in poverty, new figures indicate, in a blow to right-wing President Javier Milei’s efforts to turn around the country’s beleaguered economy.

    The poverty figure for the first six months of this year was 52.9%, up from 41.7% in the second half of 2023, said the country’s Indec statistics agency.

    https://www.bbc.com/news/articles/ceqn751x19no

    • rc__buggy@sh.itjust.works
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      And poverty in Argentina is something like $2.55US a day.

  • SpiceDealer@lemmy.world
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    1 year ago

    Just 6? Surely Argentina’s already broken economy can not survive with so little tax revenue sources? I’m no economist but the only way I can see this even remotely working is if the rates of those 6 taxes are raised expectionally high.

    • atzanteol@sh.itjust.works
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      1 year ago

      He says he wants to reduce the number of taxes but not the revenue.

  • ThrowawayPermanente@sh.itjust.works
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    1 year ago

    That’s still too many. Just Tax Land!

  • cybervseas@lemmy.world
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    1 year ago

    deleted by creator

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