“No one will control how every Argentine uses their savings”

The President pointed out that the regulation restores a fundamental legal principle: the presumption of innocence in the tax area.

12/27/2025 – 8:34 p.m

President Javier Milei celebrated the approval of the Budget 2026 and des Tax Innocence Actwhich he defined as a turning point in the country’s economic history. In this context, he declared that “the fraud of politics in favor of good Argentines is over” and claimed that from now on The state will no longer monitor the use of personal savings.

The statements were made this Saturday in radio interviews after the Senate approved both key initiatives for the government’s economic program.

A budget with a surplus, an unprecedented fact

The Senate approved the 2026 budget on Friday 46 yes votes, 25 no votes and one abstention. This is the Milei administration’s first budget and the first he has proposed in a decade Budget surplusunder the premise of a zero deficit as a structural rule.

“Yesterday was a historic milestone. We are probably facing the most important legislative day in the history of the country,” said the president. As he explained, sanctioning the balanced budget ends decades of disarray in public finances and consolidates a change in economic direction.

The Tax Innocence Law, the axis of the new tax system

Milei also highlighted the approval Tax Innocence Actwhich he described as one of the most important reforms of the last hundred years. The President pointed out that the regulation restores a fundamental legal principle: the presumption of innocence in the tax area.

“In tax matters, we were guilty until proven otherwise. Politics had violated this fundamental principle, and now we are taking it back,” he explained.

The law creates a Simplified earning systemto taxpayers with assets of up to 10,000 million pesosand specifies that those who participate are exempt from reporting changes or consumption of assets.

Mattress Dollar: What changes with the new regulation

One of the highlights of the new regulation is the impact on the so-called “Mattress Dollar”i.e. savings outside the financial system.

As Milei explained, those who adhere to the regime will be able to do this Enter your savings and spend them without asset control. “Now no one will control how every Argentine uses their dollars. You can spend whatever you want without having your numbers checked,” he explained.

The president emphasized that the initiative was not a classic money laundering, but rather a structural change in the relationship between taxpayers and the state.

Economic freedom and future expectations

For Milei, the adopted reforms mark a break from the “inertia of a hundred-year decline” and open up a new phase of growth. “We want to make Argentina the freest country in the world. This is not something immediate, but we are committed to this path,” he said.

In addition, he expects the government to move forward with this in February Tax reformHe Tightening of penalties in the criminal code and during the regular session with the resulting reforms May Council.

The President also acknowledged the role of the government’s political team in passing the laws. He specifically mentioned it Martín Menem, Patricia Bullrich and Diego Santillito whom he attributed the legislative achievement.

“They work for bronze. They leave life, choose difficult paths and act with ethical values ​​over the utilitarianism of politics,” he concluded.