Latin America employs diverse strategies for taxing wealth. Colombia, Uruguay, and Argentina tax overall wealth. Chile, Mexico, and Peru focus on specific assets, like real estate. Brazil targets the ultra-rich with a new tax. This taxation sparks debate. Supporters see it as embodying fairness and redistribution. Critics, citing the international firm Garrigues, argue it discourages […]
Related Posts
New High-Value Banknotes Set for Release in Argentina
Argentina’s Central Bank today announced the release of new 10,000 and 20,000 pesos banknotes in June to combat inflation. The current highest note, 2,000 pesos, is worth about 2.45 U.S. dollars. These new notes will make transactions easier and reduce costs in the financial system. The bank reused existing designs to save resources. The 10,000 […]
Mexican Textile Industry Battles Chinese Fast Fashion Giants
Mexico’s textile and apparel industry faces a daunting challenge from fast fashion platforms and Chinese imports. The sector has experienced significant losses in recent years, with production declining by 8% in 2024. Over 20,000 jobs have vanished from the apparel sector, leaving workers and businesses in distress. Juan Pablo Maauad, the new president of the […]
Helpful hack: Customize your home screen by adding widgets on your iPhone
Have you ever wished for a way to access your favorite apps and information without the hassle of digging through your iPhone’s home screen? Well, you’re in luck. Widgets are here to transform your iPhone experience. Think of them as mini apps that bring key information right to your fingertips, allowing you to stay updated […]