Transportation strike in Argentina shuts down country

Staff Writer
Columbus CEO

BUENOS AIRES, Argentina (AP) — Many businesses are shuttered and the streets are mostly empty in Argentina amid a strike called by transportation unions to protest income tax rates and high inflation.

While transportation workers represent only a small part of the workforce, the Tuesday shutdown of subways, trains and buses created a domino effect. Many Argentines have no other way to get to work or get children to school.

The unions argue that high taxes and high inflation, which private economists put at more than 30 percent, have eroded away wage gains the last couple of years.

Top officials in President Cristina Fernandez's administration have rejected the demands, saying the tax rates are fair and only impact a small percentage of workers who earn more than 15,000 pesos a month ($1,765).