Buenos Aires, February 10 (NA) – The head of the La Libertad Avanza (LLA) senators' bloc, Patricia Bullrich, announced this Tuesday an 'agreement' to debate the labor reform this Wednesday, which she called 'the first law of democracy to make a strategic change in labor relations.' The agreement reached with allied blocs and governors contemplated the elimination of the article reducing the Income Tax for large and medium-sized companies, which had an impact of over 2 trillion pesos on the provinces. Another important point is that the ruling party conceded to the CGT's demands, as the so-called 'union fund' will be maintained: the solidarity contribution to unions will remain for two years but capped at 2%, and contributions for social works will remain at 6%. The mandatory contribution to business chambers was also set with a cap of 0.5%. Other concessions It was also accepted that banks' request to remain solely responsible for paying salaries would be honored, as virtual wallets, as stated in the original project, will not be authorized. With this agreement, La Libertad Avanza will arrive at the session called for this Wednesday at 11 am with the assurance that it can pass the labor modernization law. 'It has 28 consensual amendments and it is a report that has been brought to a good port after months of work,' Bullrich said about the understanding with different parties such as 'the UCR, the PRO, and provincial parties.' And she added that 'since the beginning of democracy, Argentina has been working on the possibility of adapting its labor standards to the various changes the country and the labor market have undergone.' Bullrich justified the substantial changes with a phrase in which she acknowledged that without these reforms, they did not have the votes. 'I believe there are no winners or losers, but rather an agreement,' she stated. Bullrich held the conference alongside the head of the UCR, Eduardo Vischi, and the PRO's Martín Goerling Lara, where she explained all the changes and highlighted that this consensus 'was built with hours of work by the 44 senators.' IP The vote La Libertad Avanza has 20 legislators and has the support of 10 from the UCR; three from the PRO; one from the Civic Front; two from the Front of Concord; one from Despierta Chubut; one from Primero los Salteños; another from Independencia; another from Provincias Unidas; and one from La Neuquinidad, totaling 41 votes. There is still no certainty on how the senators from Santa Cruz and Córdoba's Alejandra Vigo will vote. #AgenciaNA The senators, because I have not spoken with the governors, said it had to be a more comprehensive look, that is, there is no refusal to debate it, but a more comprehensive view of a federal pact that works on all the competitiveness problems Argentina has. So, we are committed to that. 'The tango is danced in pairs,' she said when asserting that 'a law is not the imposition of one part over the other, but the construction of an agreement.' 'In this agreement, the government proposed a reduction in income tax.'
Bullrich Announces Agreement on Labor Reform in Argentina
The head of the La Libertad Avanza senators' bloc, Patricia Bullrich, announced a political agreement to debate the labor reform in Argentina on Wednesday. The agreement includes the elimination of tax breaks for large corporations and concessions to unions, ensuring support for a senate vote.