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Inequality and taxation are elementary problems with current events. How and when can democracies tax monetary elites? This book develops a theoretical framework that refines and integrates the essential concepts of enterprise's instrumental (political) power and structural (funding) power to elucidate the scope and future of tax initiatives concentrating on monetary elites in Latin America after monetary liberalization. In Chile, enterprise's a lot of sources of instrumental power, along with cohesion and ties to correct occasions, saved substantial tax will improve off the agenda. In Argentina, weaker enterprise power facilitated very important reform, although specific sectors, along with finance and agriculture, typically had instrumental and/or structural power to defend their pursuits. In Bolivia, nicely-appreciated mobilization counterbalanced the power of monetary elites, who’ve been rather a lot stronger than in Argentina nevertheless weaker than in Chile. The book's in-depth, medium-N case analysis and shut consideration to policymaking processes contribute insights on enterprise power and prospects for redistribution in unequal democracies.
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