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)

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