Current Affairs - International - Discussion
Discussion Forum : International - Latest Current Affairs (Q.No. 420)
420.
Which country's Congress has approved a bill that would abolish income tax?
Answer: Option
Explanation:
Argentina's Congress has approved a bill that would abolish income tax. The bill is now expected to be approved by the Senate, which is also controlled by the Peronists. The bill would eliminate income tax for all Argentines, regardless of their income level. It would also eliminate taxes on capital gains and dividends. The government argues that the bill will help to boost economic growth and create jobs.
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