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"The State stole US$500 billion": Milei excited the field by eliminating retentions

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April 13, 2023
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the dissertation of Javier Miley in the Argentine Rural Society (SRA) found favorable echoes this Wednesday, April 12, in the auditorium made up of the directors of the institution, who welcomed their promise to eliminate the currency gap and withholdingswhich would result -according to his forecast- in benefits of magnitude for the field.

“The sector would triple its income,” warned the deputy and presidential candidate, who on the other hand dedicated explosive accusations to the Government and the State. that they would have “stolen” from the producers a total of “US$500,000 million”according to the reasoning of the liberal economist.

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mercy He was received by the head of the Argentine Rural Society, Nicolás Pino, and throughout his presentation he delved into the current economic measures that “harm” the sector. His intervention occurred in the context of the event attended by the main opposition presidential candidates to approximate their national proposals before producers and members of the SRA.

“In these 20 years, the sector has been robbed of just over 170,000 million dollars with withholdings”affirmed the leader of Libertad Avanza.

Javier Miley
Javier Miley. Photo: Pablo Cuarterolo

However, if the adjustment of the exchange rate gap is considered, the sum amounts to US$500,000 million, according to the libertarian’s calculation.

“If that is adjusted with the exchange gap, it means that the State stole US$500,000 million”explained Milei on the Rural property.

“If the exchange rate gap and withholdings were eliminated”explained to Miley, “the sector would triple its income. From there they would be taking their foot off their backs and they could grow and contribute a lot to the Argentina that we have dreamed of, ”he explained.

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He also referred to the alleged elimination of the Central Bank and assured that with said measure “there would be no more gap, there would be a single price for the dollar, the market would be free”.

“Look how wonderful the Argentine countryside is, that they take half of the income, then they charge withholdings and on top of that, after all that, they charge more than 20 taxes. It’s a miracle you survived. Therefore, without a doubt, you are the most efficient sector in the world and to deny that is to deny the main benefit and advantage that you have”, Milei insisted before the producers and leaders of the Argentine Rural Society.

Macri on Milei: “We will go to a second round with this more liberal and angry expression”

Milei-Bullrich tuning

Javier Milei’s statements were close to those of Patricia Bullrich, given that The president of the PRO spoke of lifting the exchange rate and the end of withholdings.

“You can’t make currency an unreal value,” Bullrich said.

To lower withholdings, the Together for Change candidate proposed “really lower the three forms of the fiscal deficit of Argentina. With balance, we will be able to hack withholdings,” she graphed.

CA/DS

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