Argentina's Milei says to pursue lower taxes and electoral system reform

Argentina's Milei says to pursue lower taxes and electoral system reform

BUENOS AIRES March 1 (Reuters) - Argentina needs to overhaul its ‌tax system, libertarian President Javier ‌Milei said on Sunday in his ​address opening the new congressional session, adding that his government would seek additional reforms in 2026 that ‌he also ⁠considers essential.

Reuters Argentina's President Javier Milei speaks during the opening session of the 144th legislative term of Congress at the National Congress building in Buenos Aires, Argentina, March 1, 2026. REUTERS/Agustin Marcarian Argentina's President Javier Milei speaks during the opening session of the 144th legislative term of Congress at the National Congress building in Buenos Aires, Argentina, March 1, 2026. REUTERS/Agustin Marcarian Argentina's President Javier Milei speaks during the opening session of the 144th legislative term of Congress at the National Congress building in Buenos Aires, Argentina, March 1, 2026. REUTERS/Agustin Marcarian

Opening session of the 144th legislative term of Congress at the National Congress building in Buenos Aires, in Buenos Aires

"We need lower taxes because the tax system ⁠must serve growth, not the revenue needs of whoever is ​in office," ​Milei said.

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Other ​reforms his administration ‌will push for include changes to the country's electoral system and criminal code, he said.

Milei's government scored a major political victory ‌on Friday when ​Congress approved contentious labor ​reforms ​that critics say will ‌make it easier for ​companies to ​lay off workers. That followed the president's strong showing in ​October's ‌midterm elections.

(Reporting by Maximillion Heath; ​Writing by Sarah Kinosian; Editing ​by Edwina Gibbs)

 

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