Chile Can Fund Education Without Raising Taxes, Larrain Says
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Chile’s growing economy will generate enough tax revenue to overhaul an education system that has been the subject of nationwide protests over the past two months, Finance Minister Felipe Larrain said.
Increasing tax rates isn’t necessary to fund the government’s education and social programs, he said today at a Santiago seminar in response to calls from lawmakers including pro-government Senator Lily Perez to raise corporate taxes.