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Colombian Front-Runner Petro to the Rich: Pay More Tax

  • Candidate says 4,000 biggest fortunes must pay wealth tax
  • Leftist senator is leading early polls ahead of 2022 elections
Gustavo Petro speaks in Medellin, Colombia, on Nov. 19.
Gustavo Petro speaks in Medellin, Colombia, on Nov. 19.Photographer: Joaquin Sarmiento/AFP/Getty Images
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Colombian presidential front-runner Gustavo Petro told an audience of bankers and money managers in Bogota that the rich should pay more tax. 

The leftist senator called for a levy on “unproductive wealth”, and said dividends should be taxed at the same rate as salaries.