Argentina introduces wealth tax for COVID-19 relief
Al Jazeera, 06 Dec 2020
Argentina is turning to its super rich to help people struggling to make ends meet because of COVID-19.
The Senate has approved a bill to tax people with assets worth more than $2.5m, with hopes of raising more than $3bn.
But opponents say it will prevent future investment and slow down the country’s economic recovery.
Al Jazeera’s Teresa Bo reports from Buenos Aires, Argentina.
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#Argentina #ArgentinaCovid19 #WealthTax
The Senate has approved a bill to tax people with assets worth more than $2.5m, with hopes of raising more than $3bn.
But opponents say it will prevent future investment and slow down the country’s economic recovery.
Al Jazeera’s Teresa Bo reports from Buenos Aires, Argentina.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#Argentina #ArgentinaCovid19 #WealthTax
