Is It Viable to Apply a Tax on the Ultra-Rich in Latin America?

Applying the “Zucman tax,” a levy on large fortunes, in seven Latin American countries would make it possible to raise $24 billion a year by taxing only about 3,000 people, according to a study published Tuesday. The report on a minimum tax for high-net-worth individuals in Latin America proposes a way to tax extreme wealth, […] The post Is It Viable to Apply a Tax on the Ultra-Rich in Latin America? appeared first on The Tico Times | Costa Rica News | Travel | Real Estate.

By AFP