After the Senate approved it Budget 2026 and the Innocence Tax Actthe president Javier Milei He addressed the networks to celebrate the receipt of both measures.
First, he shared a post with a photo of the voting panel showing the 46 yes votes the budget vote generally received. He accompanied this publication the phrase that has characterized him since the election campaign: “Long live freedom, damn it.”
Shortly afterwards, he published a longer message highlighting the impact of the two initiatives: “There is no record of a balanced budget approval for a non-Peronist area with these numbers. The only comparable thing was the 2017 budget, which unfortunately had a budget deficit.”
He then thanked “enormously Patricia Bullrich, Diego Santilli and everyone.” Each of the 46 national senators who today set an example of patriotism and responsibility” and emphasized the approval of the Tax innocenceby ensuring that “comes to make amends for the fraud that the state has perpetrated on Argentinians for 40 years“.
“This law is revolutionary. We protect Argentines’ savings forever. “No government that comes after us will be able to steal the savings of good Argentines,” the president said.
In his contribution, Milei emphasized that the new legislation changes “the thresholds up to which the state could prosecute Argentines in the event of possible tax evasion.”“.
“Until today, you could be investigated in Argentina simple excursionist for differences of one and a half million pesos,” he explained. From now on, this threshold will be raised 100 million pesoswhile that of aggravated evasion goes to 1000 million pesos.
He also mentioned that the Limitation period for ARCA tax determination, which decreases from 5 years to 3 years. In this framework, he emphasized that those who do not comply and are notified can resolve their situation by paying the amounts owed in order to avoid a criminal problem.
Last but not least, Milei invited Argentines to join Simplified earning system. “I would like to invite all Argentines who have fled for years from inflation, stocks or the atrocities of the political leadership to safely dispose of their savings.“, he explained.
Those in turn The President’s Office released a message to highlight the work the leader of the La Libertad Avanza bloc in the upper house, Patricia Bullrichand the lawmakers who supported the economic plan promoted by the ruling party with their votes.
According to the official statement The Fiscal Innocence Law protects citizens from authorities who attempt to treat them as criminals to dispose of their savings and against attempts at arbitrary state persecution.
The text also noted that the changes to the Tax procedural law, criminal tax law and creation of the simplified income tax return They enable unrestricted and free use of the fruits of labor, which has a positive impact on economic dynamism and sustainable growth.
The government also said that excessive controls applied over decades were ineffective in combating money laundering and stressed that from now on, efforts will focus on fighting drug traffickers, terrorists and corrupt politicians, without going after workers, producers or small businesses._
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