Chile Lower House Committee Adds Wealth Tax to Pay Pensions

The Finance Committee of the Chamber of Deputies approved a bill that reduces or eliminates tax exemptions to finance a guaranteed universal pension, according to the Chamber’s Twitter account.

• An indication was added that creates a wealth tax or “super rich tax” which was approved 7 to 6, according to Radio Biobio
  • The government announced that it would go to the Constitutional Court if that article was approved, according to Biobio
• The project now goes to the Lower House floor
• NOTE: Jan. 3: Chile Lower House Approves 1st Part of Universal Pension Bill

Original Story:

Comisión de cámara baja en ...