This footage was filmed and produced 1/11 September 2023.

Argentina will exempt millions of workers from paying income taxes, a dramatic attempt by Economy Minister Sergio Massa to improve his standings in next month’s presidential election at the risk of deepening the country’s fiscal hole.

Workers earning less than 1.7 million pesos (US$4,857) per month won’t have to pay income taxes as of October, up from the previous threshold of about 700,000 pesos, Massa said Monday in Buenos Aires. The measure means only 90,000 top executives and high-ranking managers across the country will have to pay the tax, he said. That’s less than one percent of total registered workers.

Massa is fighting to reach a second round in Argentina’s October 22 presidential election after his Peronist coalition ended third in a primary vote last month. The official met with some of the country’s largest union leaders earlier Monday to introduce the measure and made the announcement during a rally in downtown Buenos Aires, where he called on voters to support him in the upcoming election.

“Workers will not pay any more taxes on their earnings,” the economy minister said.

This video illustrates:
1. various shots of the act of the Minister of Economy of Argentina, Sergio Massa (September 11, 2023);
2. various shots of Argentine workers (September 01, 2023).