Weekly Report - 27 September 2012 (WR-12-38)

“A big jump forward.” That is how President Sebastián Piñera described the tax reform he promulgated on 24 September, which will increase the tax take by a projected US$1.2bn a year. The extra revenue, Piñera said, would be allocated to finance improvements to the education system. This does not spell the end of the student movement’s long-running dispute with the Piñera administration to demand free and better quality higher education though. Far from it. Three protest marches are scheduled over the next three weeks as restless students seek a bigger hunk of the 2013 budget than Piñera seems willing to provide.

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