Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Keep in mind that in reality it raises the floor to 1900 dollars/ month for workers only. Thats at today’s black market exchange rate (article cites non existent official rate).

With the rapid inflation we are experiencing (likely going hyper) that floor will get back to normal soon.

We’ll se what next president does.

source: I’m Argentinian



US$1,900/month seems like too high of a floor to pay no taxes on for Argentina. That floor makes more sense for the world's richest countries.


No income taxes doesn’t mean no taxes, most countries (and states in the US) with low income taxes fund themselves with less redistributing taxes.


yes but in an hyperinflationary scenario it won’t last long (laws are defined in pesos)

so it could be back to sub 800 soon




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: