They don't see it: Milei's "tax reform" project does not contemplate the elimination of agricultural withholdings

The "tax reform" project being developed by the economic team of Javier Milei's government does not contemplate the elimination of agricultural export duties, which in a normal country should be the first aspect to consider in an initiative of such characteristics. Appropriating the working capital of the sector that is the main generator of foreign currency in the economy is equivalent to buying all the tickets in a raffle where the main prize is an exchange restriction that will – sooner or later – force the current administrator to take desperate and disruptive measures, which, as they accumulate, inevitably cause macroeconomic explosions. Sometimes you are told and you don't think it through. And you need a good scare to realize. If you saw that in a matter of days your economic program was burning, and on a Sunday you went out to ask the agro-exporters to advance 7000 million dollars in a matter of days to avoid catastrophe, you should have learned the lesson. But that is not ...