Tag: tax on the rich

• Tuesday, December 8th 2020 - 08:54 UTC

  Argentina passes new tax on the rich; opposition claims it will further deter foreign investment

  

  Argentina has passed a new wealth tax to help the government pay for health supplies and economic relief measures amid the ongoing coronavirus pandemic. Lawmakers in the Senate passed the bill, dubbed the “millionaire’s tax,” by 42 votes to 26 late on Friday.