Chile Lower House Backs Kast Economic Bill 90-59, Advancing 40 Proposals

1 articles · Updated · Bloomberg · May 20

Chile’s 155-member lower house approved the base text of President José Antonio Kast’s flagship economic bill on Wednesday by 90 votes to 59, with one abstention.
The vote clears the way for article-by-article debate on roughly 40 measures, including corporate tax cuts and an employment subsidy.
Kast’s administration is counting on the package to help drive economic growth in the coming years.
The bill still must survive detailed lower-house votes and then pass the Senate before it can become law.

Will corporate tax cuts revive Chile's economy, or is it a risky gamble based on a flawed model?

Is Chile reviving its controversial past to secure an economic future, and at what potential social cost?