HomeN2:ARArgentina's Milei says to pursue lower taxes and electoral system reform

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

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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.

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

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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