ECUADORIAN President Rafael Correa announced several one-year tax increases to help pay for reconstruction — after a 7.8 magnitude earthquake left over 500 people dead and caused billions of damage. In a nationally televised address on Wednesday (April 20) night, Correa announced several short-term tax changes to help Ecuador recover.  It includes a one-off tax on millionaires. For example, the sales tax is to be increased from 12% to 14% for one year only. Plus […]