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Argentineans stage anti-government rally over financial woes

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Thousands of Argentinean workers have streamed into the streets of Buenos Aires to demand higher pays and lower income taxes, Press TV reports.

In the third anti-government rally in Argentina since August, top trade unions demonstrated against President Cristina Fernandez de Kirchner government’s economic policies and the country’s spiraling inflation on Thursday.

Protesters, backed by the trade unions the General Confederation of Labor (CGT) and Argentina’s Central of Workers (CTA), marched on the Plaza de Mayo, the main square that houses the presidential palace.

“She (Fernandez) takes money away from workers with the income tax, which they should not pay because salaries are not [governmental] profits,” activist Cristian Castillo said during the protest.

The Argentinean government has “no more, no less than the same policies dictated by the IMF (International Monetary Fund),” said Hugo Moyano, the head of CGT, adding that the government had frozen salaries “because the salary hike we have reached in negotiations are being eaten by the income tax floor and inflation.”

Moyano and CTA Secretary General Pablo Michelli have joined forces against Fernandez’s economic policies, saying that annual inflation has taken an extensive cut out of salaries as well as public spending.

Argentina on Tuesday risked censure from the IMF over a dispute regarding its inflation rate, which private institutions estimate at 23 percent compared to the state reports of 9.5 percent.


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