The one time COVID levy as proposed would supposedly apply to 12,000 individuals with "large fortunes" that begin at 2.5 million (pesos?).Sorry I meant this post in the context of the proposed, one-time COVID levy. But perhaps your point is simply that this new levy is merely more of the same.
I have thought the same thing. It surprises me that the oligarchs are so few in number, even when they are defined as starting from a base as modest as $2.5m.But I´m surprise that only 12,000 individuals in Argentina are considered to have "large fortunes" that begin at 2.5 million.
The Reuters article mixed pesos and dollars without making a clear distinction when doing so.I have thought the same thing. It surprises me that the oligarchs are so few in number, even when they are defined as starting from a base as modest as $2.5m.
It's $2.35 million USD in declared assets. Hence the low number. Most "oligarchs" will never have declared as much as that. And if they did, during Macri's 2016 blanqueo for example, most have simply been re-routing their declared assets since Fernández won the PASO elections in August 2019 because they saw this coming. I don't know what those 12,000 that got caught were thinking.It still seems a low number of oligarchs to me. My Peronista friends must be disappointed to learn their enemies only number 12,000.