The case of Argentina

Autores
Grondona, Veronica; Rampinini, Anahí Verónica; Mondino, Lisandro
Año de publicación
2024
Idioma
inglés
Tipo de recurso
parte de libro
Estado
versión publicada
Descripción
Less inequality is necessary for sustainable development andstable democracies. States play an important role in reducinginequality. They do so through pro-poor spending andregulation, but also through taxes. On the other hand, sometaxes and even entire tax regimes do not actually reduce inequality.Tax privileges for the super-rich make many tax regimesless progressive then they could and should be. Butbecause they are difficult to capture in standard tax dataand tax regime analysis, they are often overlooked. To adequatelyaddress taxation of the super-rich additional researchinto these tax privileges is necessary. Following thecore narrative of the Global Tax Evasion Report 2024 andbased on experience from Germany, Christoph Trautvetterfrom the German Tax Justice Network proposes an easy-todoand easy-to-communicate advocacy tool to fill this gap(Trautvetter 2024).His suggestion is to use a typical super-rich individual and areal-world billionaire to illustrate the gaps and loopholes inthe tax regime. Using a billionaire owning easy-to-trace assetssuch as shares in a listed company that publishes detailedinformation on its profits and taxation turned out tobe the most convenient way to go about this. Constructinga portfolio of a typical super-rich and describing its taxationproved more challenging but not less interesting. For Germanythe analysis shows that both the billionaire and thetypical super-rich only pay about half of the top income taxrate and about half of the tax and contributions of an averageemployee and have managed to reduce their tax rate bymore than half in the last thirty years.In Argentina tax rates for the typical super-rich are muchhigher than for the average employee at least in theory, buta list of exemptions puts this in question in actual practice.In contrast, in Brazil tax-free dividends and a simplified calculationof corporate profits already create a huge differencein nominal tax rates in favour of the super-rich.A comprehensive two per cent wealth tax would increasethe tax rate of both the Brazilian and the German billionaireto approximately 50 per cent of their income, bringing itclose to the rate of taxes and social security paid on averagewages in these countries.
Fil: Grondona, Veronica. Universidad Nacional de Quilmes; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; Argentina
Fil: Rampinini, Anahí Verónica. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Luján; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; Argentina
Fil: Mondino, Lisandro. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Luján; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; Argentina
Materia
Tax
Billionaire
Inequality
Argentina
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/271361

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spelling The case of ArgentinaGrondona, VeronicaRampinini, Anahí VerónicaMondino, LisandroTaxBillionaireInequalityArgentinahttps://purl.org/becyt/ford/5.2https://purl.org/becyt/ford/5Less inequality is necessary for sustainable development andstable democracies. States play an important role in reducinginequality. They do so through pro-poor spending andregulation, but also through taxes. On the other hand, sometaxes and even entire tax regimes do not actually reduce inequality.Tax privileges for the super-rich make many tax regimesless progressive then they could and should be. Butbecause they are difficult to capture in standard tax dataand tax regime analysis, they are often overlooked. To adequatelyaddress taxation of the super-rich additional researchinto these tax privileges is necessary. Following thecore narrative of the Global Tax Evasion Report 2024 andbased on experience from Germany, Christoph Trautvetterfrom the German Tax Justice Network proposes an easy-todoand easy-to-communicate advocacy tool to fill this gap(Trautvetter 2024).His suggestion is to use a typical super-rich individual and areal-world billionaire to illustrate the gaps and loopholes inthe tax regime. Using a billionaire owning easy-to-trace assetssuch as shares in a listed company that publishes detailedinformation on its profits and taxation turned out tobe the most convenient way to go about this. Constructinga portfolio of a typical super-rich and describing its taxationproved more challenging but not less interesting. For Germanythe analysis shows that both the billionaire and thetypical super-rich only pay about half of the top income taxrate and about half of the tax and contributions of an averageemployee and have managed to reduce their tax rate bymore than half in the last thirty years.In Argentina tax rates for the typical super-rich are muchhigher than for the average employee at least in theory, buta list of exemptions puts this in question in actual practice.In contrast, in Brazil tax-free dividends and a simplified calculationof corporate profits already create a huge differencein nominal tax rates in favour of the super-rich.A comprehensive two per cent wealth tax would increasethe tax rate of both the Brazilian and the German billionaireto approximately 50 per cent of their income, bringing itclose to the rate of taxes and social security paid on averagewages in these countries.Fil: Grondona, Veronica. Universidad Nacional de Quilmes; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; ArgentinaFil: Rampinini, Anahí Verónica. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Luján; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; ArgentinaFil: Mondino, Lisandro. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Luján; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; ArgentinaFriedrich-Ebert-StiftungTrautvetter, Christoph2024info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/bookParthttp://purl.org/coar/resource_type/c_3248info:ar-repo/semantics/parteDeLibroapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/271361Grondona, Veronica; Rampinini, Anahí Verónica; Mondino, Lisandro; The case of Argentina; Friedrich-Ebert-Stiftung; 2024; 30-32978-3-98628-469-5CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/url/https://library.fes.de/pdf-files/international/21214.pdfinfo:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-29T09:32:39Zoai:ri.conicet.gov.ar:11336/271361instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-29 09:32:39.9CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv The case of Argentina
title The case of Argentina
spellingShingle The case of Argentina
Grondona, Veronica
Tax
Billionaire
Inequality
Argentina
title_short The case of Argentina
title_full The case of Argentina
title_fullStr The case of Argentina
title_full_unstemmed The case of Argentina
title_sort The case of Argentina
dc.creator.none.fl_str_mv Grondona, Veronica
Rampinini, Anahí Verónica
Mondino, Lisandro
author Grondona, Veronica
author_facet Grondona, Veronica
Rampinini, Anahí Verónica
Mondino, Lisandro
author_role author
author2 Rampinini, Anahí Verónica
Mondino, Lisandro
author2_role author
author
dc.contributor.none.fl_str_mv Trautvetter, Christoph
dc.subject.none.fl_str_mv Tax
Billionaire
Inequality
Argentina
topic Tax
Billionaire
Inequality
Argentina
purl_subject.fl_str_mv https://purl.org/becyt/ford/5.2
https://purl.org/becyt/ford/5
dc.description.none.fl_txt_mv Less inequality is necessary for sustainable development andstable democracies. States play an important role in reducinginequality. They do so through pro-poor spending andregulation, but also through taxes. On the other hand, sometaxes and even entire tax regimes do not actually reduce inequality.Tax privileges for the super-rich make many tax regimesless progressive then they could and should be. Butbecause they are difficult to capture in standard tax dataand tax regime analysis, they are often overlooked. To adequatelyaddress taxation of the super-rich additional researchinto these tax privileges is necessary. Following thecore narrative of the Global Tax Evasion Report 2024 andbased on experience from Germany, Christoph Trautvetterfrom the German Tax Justice Network proposes an easy-todoand easy-to-communicate advocacy tool to fill this gap(Trautvetter 2024).His suggestion is to use a typical super-rich individual and areal-world billionaire to illustrate the gaps and loopholes inthe tax regime. Using a billionaire owning easy-to-trace assetssuch as shares in a listed company that publishes detailedinformation on its profits and taxation turned out tobe the most convenient way to go about this. Constructinga portfolio of a typical super-rich and describing its taxationproved more challenging but not less interesting. For Germanythe analysis shows that both the billionaire and thetypical super-rich only pay about half of the top income taxrate and about half of the tax and contributions of an averageemployee and have managed to reduce their tax rate bymore than half in the last thirty years.In Argentina tax rates for the typical super-rich are muchhigher than for the average employee at least in theory, buta list of exemptions puts this in question in actual practice.In contrast, in Brazil tax-free dividends and a simplified calculationof corporate profits already create a huge differencein nominal tax rates in favour of the super-rich.A comprehensive two per cent wealth tax would increasethe tax rate of both the Brazilian and the German billionaireto approximately 50 per cent of their income, bringing itclose to the rate of taxes and social security paid on averagewages in these countries.
Fil: Grondona, Veronica. Universidad Nacional de Quilmes; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; Argentina
Fil: Rampinini, Anahí Verónica. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Luján; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; Argentina
Fil: Mondino, Lisandro. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de Luján; Argentina. Centro Cultural de la Cooperación "Floreal Gorini"; Argentina
description Less inequality is necessary for sustainable development andstable democracies. States play an important role in reducinginequality. They do so through pro-poor spending andregulation, but also through taxes. On the other hand, sometaxes and even entire tax regimes do not actually reduce inequality.Tax privileges for the super-rich make many tax regimesless progressive then they could and should be. Butbecause they are difficult to capture in standard tax dataand tax regime analysis, they are often overlooked. To adequatelyaddress taxation of the super-rich additional researchinto these tax privileges is necessary. Following thecore narrative of the Global Tax Evasion Report 2024 andbased on experience from Germany, Christoph Trautvetterfrom the German Tax Justice Network proposes an easy-todoand easy-to-communicate advocacy tool to fill this gap(Trautvetter 2024).His suggestion is to use a typical super-rich individual and areal-world billionaire to illustrate the gaps and loopholes inthe tax regime. Using a billionaire owning easy-to-trace assetssuch as shares in a listed company that publishes detailedinformation on its profits and taxation turned out tobe the most convenient way to go about this. Constructinga portfolio of a typical super-rich and describing its taxationproved more challenging but not less interesting. For Germanythe analysis shows that both the billionaire and thetypical super-rich only pay about half of the top income taxrate and about half of the tax and contributions of an averageemployee and have managed to reduce their tax rate bymore than half in the last thirty years.In Argentina tax rates for the typical super-rich are muchhigher than for the average employee at least in theory, buta list of exemptions puts this in question in actual practice.In contrast, in Brazil tax-free dividends and a simplified calculationof corporate profits already create a huge differencein nominal tax rates in favour of the super-rich.A comprehensive two per cent wealth tax would increasethe tax rate of both the Brazilian and the German billionaireto approximately 50 per cent of their income, bringing itclose to the rate of taxes and social security paid on averagewages in these countries.
publishDate 2024
dc.date.none.fl_str_mv 2024
dc.type.none.fl_str_mv info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/bookPart
http://purl.org/coar/resource_type/c_3248
info:ar-repo/semantics/parteDeLibro
status_str publishedVersion
format bookPart
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/271361
Grondona, Veronica; Rampinini, Anahí Verónica; Mondino, Lisandro; The case of Argentina; Friedrich-Ebert-Stiftung; 2024; 30-32
978-3-98628-469-5
CONICET Digital
CONICET
url http://hdl.handle.net/11336/271361
identifier_str_mv Grondona, Veronica; Rampinini, Anahí Verónica; Mondino, Lisandro; The case of Argentina; Friedrich-Ebert-Stiftung; 2024; 30-32
978-3-98628-469-5
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://library.fes.de/pdf-files/international/21214.pdf
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Friedrich-Ebert-Stiftung
publisher.none.fl_str_mv Friedrich-Ebert-Stiftung
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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