VOICED : Senado argentino convierte en ley impuesto a grandes fortunas por pandemia

The Argentine Senate has passed a new extraordinary wealth tax aimed at funding COVID-19 relief efforts. This tax targets approximately 12,000 wealthy individuals and is expected to raise around $3 billion. The funds will be used for poverty subsidies and small business loans. The tax faced strong opposition from the neoliberal party led by former President Mauricio Macri, who criticized it as confiscatory. The tax comes amid Argentina's economic recession and high poverty rates.

What is the primary purpose of the extraordinary tax introduced in Argentina?

• To increase military spending

• To support the fight against COVID-19

• To fund infrastructure projects

• To reduce national debt

How many taxpayers are expected to be affected by the new tax in Argentina?

• Approximately 5,000

• Nearly 12,000

• About 20,000

• Over 50,000

What are some of the intended uses for the revenue generated by the tax?

• Building new schools

• Increasing salaries for government officials

• Providing subsidies to the poor and credits to small businesses

• Expanding the national highway system

Which political group strongly opposed the tax, calling it confiscatory?

• The Neoliberal 'Together for Change'

• The Democratic Union

• The Green Party

• The Socialist Alliance

What economic challenges is Argentina facing, as mentioned in the context of the tax?

• A trade surplus and low foreign debt

• Rapid economic growth and low poverty

• A recession since 2018 and a poverty rate of 40.9%

• High inflation and unemployment