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Argentina Seeks Wealth Tax to Help COVID-19 hit Families

RIO DE JANEIRO, BRAZIL - The lower house of Argentina’s Congress on Tuesday began debating a bill seeking to raise 300 billion pesos (US$3.75 billion) through a tax on large fortunes to finance programs aimed at helping families hit by the COVID-19 pandemic.

The government-backed bill may be approved late on Tuesday if debate does not continue past midnight, as some local media predicted. The Senate was expected to consider the legislation before the . . .

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