Monday, Jan. 29, 2007 9:33 a.m. EST
President Hugo Chavez denied Sunday that his left-leaning government would seize private property - such as second homes or expensive cars - from the wealthy and called on Venezuelans not to fear his accelerated push toward socialism.
Chavez recently announced plans for a "luxury tax" targeting second homes, art collections and expensive cars that would be aimed at redistributing wealth to the poor.
"Oh, you have a yacht? Perfect, give to me, buddy," he said at the time. "You have a house where you live and another one by sea ... You have some marvelous art collections - come here, buddy."
He urged all Venezuelans to embrace "the socialism that we are going to create." But Chavez denied that he was attempting to steer oil-rich Venezuela toward Cuba-style communism.
2007-01-29
06:52:25
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➔ Current Events
Chavez has raised concerns by repeatedly saying he wants to continue governing Venezuela until 2021 or longer. He was re-elected to a second, six-year term in December - his last under Venezuela's Constitution. But Chavez has proposed a constitutional reform that would allow indefinite re-election.
2007-01-29
06:52:34 ·
update #1