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Argentina weighs taxing rich to pay for pandemic measures | Coronavirus and Covid-19 - latest news about COVID-19 | DW - Vimarsana News

Argentina weighs taxing rich to pay for pandemic measures | Coronavirus and Covid-19 - latest news about COVID-19 | DW

Argentina weighs taxing rich to pay for pandemic measures Argentina is planning a one-off levy on multimillionaires to finance pandemic measures. The rich feel squeezed, but many say that's the price of solidarity. The proposal to tax the wealth of multimillionaires has broad working-class support In a year of lengthy shutdowns and widespread financial fallout, both chambers of the National Congress have voted in favor of a one-time levy on the 11,865 Argentines whose individual assets add up to at least 200 million pesos (€2 million/$2.4 million) to help fund the fight against the novel ...

Source: dw.com