Argentina Introduces Wealth Tax for Covid Relief
- 3 years ago
#Argentina #WealthTax #CovidReliefFund
Argentina Introduces Wealth Tax for Covid Relief
A BBC report this week announced that Argentina has enacted a Corona wealth tax, similar in principal to that proposed by the Workers Party of Britain.
According to the report:
“Argentina has passed a new tax on its wealthiest people to pay for medical supplies and relief measures amid the ongoing coronavirus pandemic.
“Senators passed the one-off levy – dubbed the ‘millionaire’s tax’ – by 42 votes to 26 on Friday.”
Reports from international media noted:
“The lower house of Argentina’s congress on Tuesday began debating a bill seeking to raise 300 billion pesos ($3.75 billion) through a tax on large fortunes to finance programmes aimed at helping families hit by the Covid-19 pandemic.
“People with more than $2.5 million – about 12,000 individuals – would get hit by the 2% flat tax. The levy would increase progressively as equity increases, under the proposal.”
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Argentina Introduces Wealth Tax for Covid Relief
A BBC report this week announced that Argentina has enacted a Corona wealth tax, similar in principal to that proposed by the Workers Party of Britain.
According to the report:
“Argentina has passed a new tax on its wealthiest people to pay for medical supplies and relief measures amid the ongoing coronavirus pandemic.
“Senators passed the one-off levy – dubbed the ‘millionaire’s tax’ – by 42 votes to 26 on Friday.”
Reports from international media noted:
“The lower house of Argentina’s congress on Tuesday began debating a bill seeking to raise 300 billion pesos ($3.75 billion) through a tax on large fortunes to finance programmes aimed at helping families hit by the Covid-19 pandemic.
“People with more than $2.5 million – about 12,000 individuals – would get hit by the 2% flat tax. The levy would increase progressively as equity increases, under the proposal.”
Subscribe to the Channel now, or on the following platforms -
Bitchute - https://www.bitchute.com/channel/Ham8RmlYScob/
Brighteon - https://www.brighteon.com/channels/theramblinggeordie Dailymotion - https://www.dailymotion.com/clampdowntv
Support me on -
SubscribeStar https://www.subscribestar.com/the-rambling-geordie
Paypal - https://paypal.me/theramblinggeordie?locale.x=en_GB Patreon - https://www.patreon.com/ramblinggeordie
#ClampdownTV #workingclassmedia #ramblinggeordie
Working Class Media channel made by the people for the people, hosted by The Rambling Geordie, Marc Bates. Want to hear News and Opinions without the influence of the Imperialist Media? Then you're in the right place.
One Love to all.
Cheers
RG
#WorkersNeedSocialism