Due to higher inflation and salary adjustments, the president of the House of Deputies, Sergio Massa, asked the Minister of Economy, Martín Guzmán, that the Government raise wages where workers in a dependency relationship pay income tax.

The argument is that the current floor of $ 225,937 is overdue and workers exempted from paying Revenues, they started having discounts for that tax.

For fiscal year 2022, the salary floor rose from $ 175,000 to $ 225,937, 29.1% when salary projections exceeded 50%, with some parity with 60% adjustment and review clauses before the end of the year.

Due to the annual updating of wage amounts and/or total salary based on the annual variation of the Average Taxable Remuneration of Stable Workers (RIPTE), no income tax withholding is applicable when the monthly total wage does not exceed the figure was $ 225,937.

However, in the letter sent to Guzmán, Massa recalled that the Executive Branch was empowered to raise the Profit floor if more workers were to be affected again by this tax – as is happening – in relation to the 950,000 who paid the tax in 2021.

Union sources maintain that the current Revenue floor of $ 225,937 is set for 2022 with the project Budget assuming 33% inflation. And considering current economic variables —especially the 60%parity — the number of taxpayers who will pay taxes will increase monthly and will be significantly higher than those who contribute. in 2021: approximately 1.3 million, 36% more than the original projection.

With this approach, increasing the “floor” to $ 265,000 per month would allow the balance to be maintained so that only the same number of workers and retirees pay taxes as expected in the 2022 budget, those sources point out. .

Originally, in 2021, the salary floor of $ 150,000, later adjusted to $ 175,000, allowed 1.5 million workers to stop paying Income Tax: of 2.3 million employees in 2020, and in 2021 approximately 950,000. in PEN to increase tax deductions in fiscal year 2022, Massa proposes a further increase in the “floor” on which the tax is paid to keep the tax constant. Percentage of taxpayer -dependent workers reached by Earnings Withholding

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