VOICED : Ecuador anuncia impuestos a grandes herencias

Ecuador's President Rafael Correa aims to tackle inequity by imposing a tax on inheritances over $35,400, arguing that inherited wealth is a key inequity factor. He assures that the poor will not be affected, as they are his government's priority. Correa highlights the reduction of poverty and inequality as a major achievement of his administration. He plans to introduce legislation to eliminate illegitimate capital gains, which he attributes to private sector profits from state investments. Correa is prepared to bear the political consequences of these initiatives, which are likely to pass in the Congress controlled by his party.

What is the threshold for the inheritance tax proposed by President Correa?

• $25,000

• $35,400

• $50,000

• $100,000

According to Correa, who will not be affected by the new inheritance tax?

• The middle class

• Foreign investors

• The wealthiest citizens

• The poorest citizens

What does Correa consider the most important achievement of the citizen revolution?

• Economic growth

• Reduction of poverty and inequality

• Technological advancements

• Improved international relations

What is the purpose of the bill Correa plans to send to Congress?

• To improve education funding

• To reduce taxes on businesses

• To increase foreign investment

• To eliminate illegitimate capital gains

What is Correa's stance on the political cost of his proposed initiatives?

• He is unaware of it

• He is trying to avoid it

• He is willing to accept it

• He is indifferent to it