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

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

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Interactive Video

Social Studies, Business, History

9th - 12th Grade

Hard

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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.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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