Finance

Tax day looms large for many Americans – April 15 was the last date for paying your tax bill, and the day on which the top one percent of Americans, who get 21.0 percent of total income, pay 21.6 percent of total state and federal taxes. So much for a progressive tax system.

“Latin America is no exception regarding the adverse changes in emerging market conditions that have occurred since the US Fed began reducing Quantitative Easing (QE) in May 2013.” That’s the assessment of the Latin American Shadow Regulatory Committee (or CLAAF) in its latest stat...