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Daily Tax Report: International

Political Purge Follows Days of Protests and Chaos in Chile

Oct. 28, 2019, 5:23 PM

Ten days of riots, protests, and reprisals claimed their first political victims Oct. 28 as Chile’s President Sebastian Pinera fired eight ministers, including the biggest hitters in the cabinet.

The interior, finance, and economy ministers were all dismissed, with Pinera naming a younger, more centrist team to convince protesters that their voice has been heard.

A wave of riots, looting, and protests has caused more than a billion dollars of damage this month, before spawning the largest peaceful demonstration in the country’s history. Yet, the announcement is unlikely to placate a movement that has demands ranging from tax reform to...

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