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Caputo Questioned the Lack of Business Support Following the Reduction of Employers' Contributions
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After obtaining the average sanction in the Senate, the government seeks to accelerate the final approval of the labor reform in the Chamber of Deputies. Amid the legislative impulse, the Minister of Economy, Luis Caputo, whitened his discomfort with the business sector so it considered a lack of public support for the benefits that...
Luis Caputo came out to question on social networks the lack of recognition of the business sector in the face of the reduction of employers’ burdens contemplated in the labor reform, based on an analysis by the Argentine Institute of Fiscal Analysis (IARAF) that reveals significant changes in the tax pressure on employment. “This is almost the most important thing of the law. We lower the employer’s burdens 85 percent for new jobs and we don’t …
Buenos Aires, 16 February (NA) – In the aftermath of the debate in the Chamber of Deputies on labor reform, the Minister of Economy, Luis Caputo, questioned whether the 85 percent drop in contributions to new jobs was not celebrated. “We lower the employer’s burdens 85 percent for new jobs and we don’t talk about it. No camera celebrates, nothing,” he complained. “I don’t get out of my astonishment!” the minister said. “What did you make of Capu…
Why don't companies celebrate Caputo's reduction of employers' burdens? An analysis of demand, depressed consumption and why hiring cheap is of no use if you don't want to sell it.
After the legislative victory of the government in the Senate with the average sanction of the labor reform, the ruling party accelerated its treatment in the Chamber of Deputies, amid some polemics that aims to resolve to turn the initiative into law this week. In that context, the Minister of Economy, Luis Caputo, expressed his discomfort at the lack of public enthusiasm of the entrepreneur before one of the central points of the project. "We …
The Minister of Economy, Luis Caputo, stressed that the labor reform—if approved in Deputies and becomes law—will greatly reduce employers’ contributions to new jobs. In this context, he assured that the charges will be lowered “by 85%” and questioned that “no business chamber” has celebrated that point. “This is almost the most important thing of the law. We lowered the employer’s burdens for new jobs by 85% and did not talk about it,” Caputo w…
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