Buenos Aires, Argentina – Argentina is on track to witness its lowest level of tax pressure in nearly two decades, a landmark achievement attributed to the pro-market policies of President Javier Milei. According to a study by the economic consultancy firm Econviews, the nation’s tax burden is projected to fall to 26% in 2025, a significant decline from the 31% peak reached under previous administrations.

This remarkable reduction reverses a long-standing trend of escalating taxes, which had burdened the Argentine economy for years. The article notes that under the previous governments, the rapid increase in taxes, particularly on agricultural exports, was used to finance a large and inefficient state apparatus. This led to a stifling of economic growth and gave Argentina one of the highest tax burdens in the region, a major impediment to prosperity.

In stark contrast, the Milei administration, which took office in late 2023, has made fiscal discipline and tax reduction a cornerstone of its economic platform. The decrease in tax pressure is a direct result of key reforms, including the permanent lowering of export taxes on the agricultural sector, the elimination of the PAIS tax, and the simplification of other levies.

These decisive actions are designed to “liberate” the economy, attract much-needed investments, and stimulate robust growth. By reducing the size of the state and putting more money back into the hands of citizens and businesses, the government is fulfilling a core campaign promise and laying the groundwork for a more dynamic and prosperous future for Argentina.