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


Argentina's President Javier Milei speaks during the opening session of the 144th legislative term of Congress at the National Congress building in Buenos Aires, Argentina, March 1, 2026. REUTERS/Agustin Marcarian

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)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Oman says Iran seeks peace, urges restraint as tensions mount
Factbox-Nepal's long history of political instability
British air base in Cyprus hit by suspected drone strike
Israel strikes Beirut suburbs in response to Hezbollah attack
Britain responding to suspected drone strike at Cyprus base, says UK Defence Ministry
North Korea's Kim inspects cement plant after new goals at key party congress
Trump says Iran operation could last "four weeks or less": Daily Mail
Trump says combat operations in Iran will continue until all objectives achieved
Trump says conflict with Iran could last four weeks, Daily Mail reports
"Scream 7" tops North American box office in opening weekend

Others Also Read