FOR IMMEDIATE RELEASE
The Flat Tax Advantage: International Insights for Argentina’s Economic Reform
Buenos Aires, Argentina (January 31, 2034) – Organized by We Are Innovation, Fundación Internacional Bases, and Consejo de Contribuyentes Argentina, the webinar “The Flat Tax Journey: Global Lessons and Opportunities for Argentina” was a resounding success. Held on January 30, this informative session brought together a panel of international experts to discuss the adoption and impact of the flat tax model in countries like Estonia and Bulgaria, and the potential for implementing such a system in Argentina.
Dr. Dan Mitchell, President of the Center for Freedom and Prosperity, emphasized the multi-faceted nature of the flat tax, stating, “The average politician thinks a flat tax simply means one rate. The core principles of a flat tax go beyond that. They are: Tax income at one rate; no double taxation.; and no inefficient and distorting loopholes or tax preferences.”
Dr. Krassen Stanchev, a renowned economist and teacher at Sofia University, highlighted the widespread adoption of the flat tax in Europe, particularly among ex-communist countries. He noted, “Currently, there are about 30 countries with the flat tax. All of them with a rate of 20 percent or less,” and added, “Experience shows that the flat tax systems have been performing very well in terms of government revenue, in accordance with the Laffer Curve.”
Dr. Konstantin Zhukov, a Visiting Assistant Professor of Economics at Trinity University, shared insights from Estonia’s experience with the flat tax. He remarked, “To avoid evasion or tax arbitration, Estonia has kept both personal and corporate tax at the same rate – which is now 20 percent,” and emphasized, “The very distinctive element of the Estonian system is that profits are taxed when they are distributed.” Zhukov concluded with a potent message for policymakers: “Politicians should know that emulating Estonia’s flat tax model requires a comprehensive reform. However, once you do all these things, then you will see that the country’s standards of living are increasing, businesses are becoming more prosperous, and the economy is booming. You will see this prosperity and growth in the country.”
The webinar concluded with a forward-looking statement, leaving the participants with the idea that the flat tax could be a fundamental reform for Argentina’s prosperity. The organizers, committed to fostering innovative fiscal policies, announced their intention to continue creating spaces for discussion and exploration of this idea in the context of Argentina’s economic landscape.
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 CONTRIBUYENTES 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/.
