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Milei Slams Former Vice Minister Over Proposed Tax on Cash Withdrawals

The social media broadside targets Emmanuel Álvarez Agis during broader tax discussions.

Overview

  • President Javier Milei reposted an interview clip on X and called Álvarez Agis "Kirchnerista = ladrón," accusing him of aiming to take 10% of income spent in cash.
  • Álvarez Agis proposed replacing the Impuesto al Cheque with a levy on cash use, describing an example in which withdrawing 1,000 yields 900 to encourage formal transactions.
  • The economist framed the measure as a way to preserve state revenue while pushing consumers to demand bancarized operations from merchants.
  • La Libertad Avanza provincial deputy Agustín Romo first circulated the interview segment, alleging opposition figures want a tax on cash withdrawals.
  • No policy has been announced to adopt a cash tax, and reporting says the Executive is exploring a tax reform that could simplify the system and modify the Impuesto al Cheque.