Economics
Argentina Wealth Tax Fought by the Rich Raises $2.4 Billion
- Amount is higher than expected after slow start to collection
- Tax-the-rich initiatives have gained support in Latin America
This article is for subscribers only.
Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here
Argentina’s government raised 74% of the amount it had targeted from a controversial new tax on the country’s wealthiest citizens.