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Argentina's Macri says to cut workers' income taxes and increase welfare subsidies

Reuters Wednesday, 14 August 2019 ()
Argentine President Mauricio Macri said on Wednesday he would increase welfare subsidies and lower workers' income taxes as part of a package of measures aimed at lessening the impact of the country's economic crisis.
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News video: Argentina reveals new economic relief plan

Argentina reveals new economic relief plan 01:55

Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and lower taxes for workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not immediately halt the peso currency&apos;s collapse. Jillian Kitchener...

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