RIO DE JANEIRO, BRAZIL - On Tuesday, May 26th, Chile's Chamber of Deputies passed a bill to tax large fortunes - which impacts bankers, speculators and the corporate caste - to finance a new emergency minimum income during the Covid-19 pandemic. The proposal is to charge 2.5 percent of the wealty of the one percent of the populace that holds 22.6 percent of the country's wealth.
"By a large majority, a draft bill has been passed in the Chamber of Deputies calling for President Sebastián Piñera to impose a 2.5 percent tax on the Super . . .