Argentina's Macri shelves sales taxes as he seeks to cut left's lead

Credit: Reuters- Published on August 15, 2019
Argentine President Mauricio Macri, smarting from a bruising primary election loss, announced on Thursday an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis.

Credit: Wochit News
Published on August 15, 2019 -  00:32
Argentina's President Mauricio Macri Eliminate Sales Tax For Basic Food Products
Argentine President Mauricio Macri will eliminate the sales tax of some basic food products. According to Reuters, those include bread, sugar and milk. The sales tax elimination will begin immediately and last until the end of the year. This step is the latest in a series of economic relief measures Macri is testing out. Macri’s new measure also comes after an upset by opposition candidate Alberto Fernandez in the primary election.

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