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COVID-19: Argentina taxes the rich for medication

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Lawmakers in Argentina have passed a new tax on the country’s wealthiest people to pay for medical supplies and relief measures amid the COVID-19 pandemic.

The Senators according to BBC passed the one-off levy – dubbed the “millionaire’s tax” – by 42 votes to 26 on Friday.

Those with assets worth more than 200 million pesos ($2.5m; £1.8m) – some 12,000 people – will have to pay.

So far, Argentina has recorded close to 1.5 million infections and almost 40,000 deaths from the coronavirus.

BBC

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