A MATTER OF TRANSPARENCY: THE TOP ONE PERCENT IN THE AMERICAS

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A MATTER OF TRANSPARENCY: THE TOP ONE PERCENT IN THE AMERICAS Powered By Docstoc
					                                   How much does the 1%
                                   earn in Latin Am
				
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Description: [...]the 2006 household surveys in Argentina, Brazil, Mexico, and Peru report that the average monthly incomes of those countries' two richest households were equal to $14,000, $70,000, $43,000, and $17,500 dollars, respectively.3 Compare this to Merrill Lynch estimates that in Latin America there are approximately 4,400 ultra-highnet- worth individuals, each with assets of at least $30 million. Governments should publish the information from tax returns (without identifying anyone by name, of course)-the same way that all Organisation for Economic Co-operation and Development (OECD) member countries have been doing for decades, except for OECD members Chile, Mexico and Turkey.
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