Did you know that for every $100 of income (income minus costs) that an agricultural hectare generates, $63.4 goes in taxes?
Yes. More than 63% of the profit that a farmer who works in agriculture should have, does not stay in his pocket, but goes to the state revenue in the form of taxes ?
Most of these taxes are resources that are taken away from the producers of soya, corn, wheat and many other products of regional economies that are essential for the towns and cities of the interior (vegetables, rice, honey, peanuts, fruit, etc.), above all through taxes called "Export Duties". A tax that does not exist in almost any country in the world, since, in the countries that work, exporting is incentivised ?
Why is this number so high and growing? Among other things because input costs have increased. Fertilisers and phytosanitary products, for example, increased by more than 50% and up to 100% in one year.
This rise in costs means that producers are making less and less profit with the same amount they used to produce. Their income is lower and lower. On the other hand, taxes not only remain the same, but increase! ?
It should be noted that taxes are not proportional to income, but to the price of what is produced and exported. This is why the producers are earning less and less? The only solution to keep their work, so that it remains profitable, is to increase prices.
If an activity is not profitable for the producer, or for any human being engaged in a commercial activity, it is natural to stop doing it. The consequence is that hundreds of people are out of work ? Rising unemployment and rising prices have an impact on our lives, on our chances of progress.
❗️Los prices go up because taxes, regulations and prohibitions continue to rise. And they rise because at base we have an unhinged economy with uncontrolled inflation, based in turn on a chronic and growing deficit of an elephantine, voracious and inefficient state.
More taxes and regulations on producers means higher prices for us, less resources for the local economy, fewer exports and a country closed to the world, without investments, new ventures and quality jobs for all ❌.
? We must be a productive, developed, growing, exporting country, open to the world!
Prosperity is our right. If we don't claim it, who will?
We want a Plan that will set us on the road to the prosperity we all deserve! ?
IWantAPlanforMyCountry
?? We look forward to seeing you at our next Webinar on Exports, with economists from FADA, so that we can find out much more about these questions. You can register for free at bit.ly/ExportsPlanCountry.
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Source and infographic: FADA.
