FOR IMMEDIATE RELEASE
Flat Tax in Argentina: The Solution to Revitalize the Economy
Buenos Aires, Argentina (January 11, 2024) – We Are Innovation, in collaboration with the Argentine Taxpayers Council and Fundación Internacional Bases, is pleased to announce the recent publication of the position paper ‘Flat Tax: Economic Growth and Fairness for Argentina.’ This comprehensive report, authored by Marianela S. Mendoza under the direction of Horacio Arana, José Cambareri, and Federico N. Fernández, proposes the implementation of a flat tax system, known as Flat Tax, in Argentina, citing its potential to revitalize the economy, promote equity, and simplify the tax system.
Marianela S. Mendoza, the primary author of the position paper, is persuaded, ‘The Flat Tax is much more than a tax reform; it is a transformation towards greater efficiency and tax justice. We have observed how this system contributes to economic growth and attracts investment in countries like Estonia and Hong Kong. Argentina can immensely benefit from this initiative.’
Horacio Arana, Senior Research Fellow at Fundación Internacional Bases, adds, ‘Our country faces unique economic challenges. A simplified and fair tax system, such as the Flat Tax, can be the key to unlocking economic potential and ensuring a more equitable distribution of the tax burden.’
Highlighting the significance of equity in the tax system, José Cambareri, the Executive Director of the Argentine Taxpayers Council, commented, ‘A single rate system eliminates distortions and preferential treatment in taxation, resulting in greater equity and a perception of justice among taxpayers.’
Federico N. Fernández, the CEO of We Are Innovation and Fundación Internacional Bases, emphasized, ‘The adoption of the Flat Tax is a step towards the formalization of the economy and increasing collection, without increasing pressure on the taxpayer.’
The report also showcases successful international experiences in a number of countries, such as Estonia, Lithuania, Hong Kong, Ukraine, and Latvia. Despite differing economic and political contexts, implementing the Flat Tax in these regions has yielded greater tax efficiency and stimulated economic growth.
The position paper ‘Flat Tax: Economic Growth and Fairness for Argentina’ is a significant milestone in Argentina’s ongoing tax reform debate. The document offers a detailed analysis and concrete proposals to address the country’s economic challenges. It is now available for consultation and download on the websites of the Fundación Internacional Bases, the Taxpayers Council, and We Are Innovation. Additionally, upcoming events focused on the Flat Tax topic will be announced soon, providing spaces for discussion and in-depth exploration of the implications and benefits of this tax change proposal, thus facilitating access and understanding for all interested parties.
ENDS
About Fundación Internacional Bases
Fundación Internacional Bases is an institution that thinks globally and acts locally. Bases participate in the most critical discussions on individual liberties and the market economy. We do not seek to be just another voice but to be an active part of a fundamental change that will bring about the triumph of freedom, the passage to a society of responsible indi- viduals, the opening of the economy, and the diminishing of the role of government in our lives. For this, we actively cooperate with think tanks, individuals, educational institutions, new media people, and all those who want complete freedom. For more information, visit https://fundacionbases.org.
About Consejo de Conribuyentes Argentina
The purpose of the Argentine Taxpayers’ Council is to submit proposals to public ad- ministrations aimed at simplifying the tax system and reducing the tax burden borne by the private sector. It supports a rational, non-distortive tax system that favors and stimulates social development within a framework of economic freedom. It has signed a Framework Agreement with the Fundación Democracia, which depends on the Cír- culo de Legisladores de la Nación, for the preparation of bills and the performance of dissemination activities in academic, political and parliamentary environments. The Council operates as a Working Group belonging to Fundación Internacional Bases. More information at https://www.consejocontribuyentes.org.
About We Are Innovation
We Are Innovation is a dynamic network of individuals and institutions who fervently believe in the power of innovation to drive progress and solve the world’s most pressing problems. With a global presence encompassing over 35 think tanks, foundations, and NGOs, We Are Innovation represents the diverse voices of a global civil society committed to advancing human creativity, embracing new technologies, and promoting innovative solutions. Through our collaborative approach and cutting-edge expertise, we are spearheading transformative change on a global scale. To learn more about our work, visit us at https://weareinnovation.global/.
