Entrepreneurs point to this difference to regain competitiveness. The end of the conference is scheduled with the new Minister of the Interior, Diego Santilli, and there is no confirmation of any communication from the president, Javier Milei. The Conference will be chaired by Martín Cabrales and will be held under the motto 'The future is produced today'. 'Argentina is a country that needs to provide jobs and, in addition, needs formality, because there is a lot of informality and that affects competition a lot,' Cabrales stated in recent remarks. In the same vein, he emphasized that there should be 'a lesser tax burden' because what is paid in taxes in the country 'is terrible' and placed on the same level of importance the danger posed by 'the informal economy' and described it as 'worse than imports': 'They don't pay any kind of taxes and that is very damaging,' he added. In another order, he also pointed to the crisis facing small and medium-sized enterprises (SMEs), as they are 'in a suffocating situation' and stated that if any of them had to pay a lawsuit today 'it would imply closing the company'. Minister of Economy Luis Caputo will be this Thursday the first speaker at the 31st Industrial Conference of the (Argentine Industrial Union), where he will encourage businessmen to accelerate investment processes once the political scenario is cleared. Likewise, industrialists will await him with repeated demands for structural reforms to 'level the playing field' in times of economic opening. The main changes point to the laws governing labor and a modification of the tax system with tax cuts. Although the government assures that both issues are priorities, it does not reveal the projects and waits for the change in the composition of Congress on December 10. Caputo's words are scheduled for 9 in the morning, after the president of the Conference, Martín Cabrales, gives his welcome speech. As happened last week with investors in the United States, now the government's challenge is to attract dollars to the country both through financial and productive income. Hence, Caputo will seek to give businessmen guarantees that the macroeconomy will remain stable and there will be no more disruptive events such as those that occurred prior to the elections. For their part, the business sector expects to learn about the details of the labor and tax reforms that the government will present. Both factors are essential to achieve what they call 'leveling the playing field'. In the labor market, businessmen have not adhered to the possibility of setting up their own severance pay programs, as the last government reform allowed, which also eliminated fines for hiring off the books. The Government has already made it known to them on several occasions, but industrialists remain reluctant to create tailor-made plans to flexibly hire new workers. Regarding the tax issue, in recent hours a comparison between the taxes paid by an Argentine industrialist and a Paraguayan went viral.
