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Beverage manufacturers and vendors charge against Macri's tax reform

The producers of soft drinks and the sellers of Argentina charged today against the fiscal reform projected by the Government of Mauricio Macri, due to the increase of taxes to the sugary products and the risk of disappearance of 100,000 kiosks.

Buenos Aires, Nov 2 (EFE) .- The manufacturers of non-alcoholic beverages and the sellers of Argentina charged today against the fiscal reform projected by the Government of Mauricio Macri, due to the tax increase on sugary products and the risk of disappearance of 100,000 kiosks.

The Argentine Chamber of the Non-Alcoholic Beverage Industry (Cadibsa) issued a statement, sent to Efe, which states that "it has been proven that taxes on sugary drinks are ineffective in addressing public health challenges."

Likewise, he claims to "put the focus on the collection of evasion, which is 30% in the industry, instead of a tax increase to the formal sector of beverages ", since according to that business organization" 50% of the The price that the consumer pays today for a non-alcoholic drink corresponds to taxes. "

For Cadibsa, which rejects the proposal for a tax increase based on the use of sugar in drinks, "a tax of these characteristics is distortionary and discriminatory, since it penalizes only one category in particular, without considering other products that contribute significantly to the daily intake of sugar. "

Remember that employers" 85% of soft drinks are sold in neighborhood stores, stores, kiosks and pantries and represent about 40% of their income ", and ensures that, due to the elasticity of the demand that the sector has, a higher tax" would mean a reduction in consumption and that would represent lower income for thousands of families. "

At the same time, the Union Kiosqueros of the Argentine Republic (UKRA) sent to Efe another document in which it shows its" total rejection "to the measures, which it accuses of being "a direct blow" to the profitability of kiosks and puts at risk of closing 100,000 of them.

UKRA affirms that it is "recessive taxes that punish the consumption and work of the working classes ", and highlights that" the inflation that does not give way, the tariffs, the increase of rents and the tax increases are pushing the thousands of kiosk families to the precipice ".

The kiosks consider that if this initiative of the Government presided by Macri prospers" it would be absolutely discriminatory for the sector ", since the majority of its sales are represented by soft drinks, flavored waters and beers.

" An increase in taxes - he argues - automatically transfers to the price and strongly punishes the weakest links in the chain: newsagents, consumers and workers. "

" We are working class people who have largely accompanied this management because we want to see a strong country; Argentina plans to reduce domestic taxes on electronic products or mid-range vehicles, but increase the rates for high-end cars and for products considered harmful to health, such as alcoholic beverages and sugary drinks.

Finance Minister Nicolás Dujovne said that the Executive will send in the coming days Parliament a tax reform project that provides for a gradual reduction of some taxes and seek to encourage investment and job creation.

Dujovne stressed that the reform It is proposed to go towards an "equitable, efficient and modern" tax system, with less evasion and tax pressure on taxpayers.

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