Chile: Bachelet, going left as promised
By Fausta's Blog on May 05, 2014
Last November I predicted that, if Michelle Bachelet made good on her campaign promises, it would be disastrous not only for Chile, but also for the region. She’s on her way: Assault on the Chilean Miracle President Bachelet wants to raise the corporate tax rate to 35% from 20%. (emphasis added) Three decades of fast growth—led by liberal economic policies—have made Chile the most prosperous country in Latin America. . . .
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