SÁB 18 DE MAYO DE 2024 - 11:45hs.
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Buenos Aires suggests single gambling tax to help fight COVID-19 health crisis

Buenos Aires City legislators will review a plan to impose a one-time tax to contribute to the COVID-19 health emergency. There will be an income tax of 1% on banks, casino companies, internet sites and financial firms. “The health system needs to be endowed with resources, both physical and human. The latter need to receive good salaries and need to be protected,” said the lawmakers that introduced the proposal.

The tax would only apply to companies that generated more than $450K in gross income in 2019 and would be used to fund sanitary actions and social programs in the Argentinian capital.

The proposal has been put forward by the Frente de Todos political party with Santiago Roberto, Matías Berrotaveña and Manuel Socías highlighting that the health sector in Buenos Aires has received its lowest funding in the last 13 years.

“The health system needs to be endowed with resources, both physical and human. The latter need to receive good salaries and need to be protected,” they commented.

Radical Civic Union representatives told La Política Online: “It’s not that easy, especially since the health sector was one that we prioritised. We believe that the independent sectors are the ones that suffered the most because of the crisis, they need our help.”

The City voted, back in March 17, to limit entry to casinos and racecourses to 200 people at a time. Although the initial decision was aimed at preventing the virus from spreading without slowing down economic development, facilities were forced to shut their doors, as President Alberto Fernández ordered a compulsory lockdown.

Source: GMB