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peppertree

(21,604 posts)
Thu Apr 29, 2021, 03:00 PM Apr 2021

Colombians protest tax increase proposal amid pandemic

Tens of thousands of people marched in Colombia Wednesday against a proposed tax reform they say will leave them poorer as the country battles its deadliest phase yet of the coronavirus pandemic.

President Iván Duque's government wants to tax the incomes of those earning more than US$656 a month, lowering the threshold to broaden the tax base.

It also wants to impose a tax on basic services in upper-middle class areas and on funerals.

The measures are meant to raise some US$6.3 billion in 10 years for the country which saw GDP drop 6.8% in 2020 – its worst performance in half a century.

At: https://www.batimes.com.ar/news/latin-america/colombians-protest-tax-reform-proposal-amid-pandemic.phtml



Demonstrators clash with riot police during a protest in Bogotá yesterday against a tax reform bill proposed by Colombian President Iván Duque.
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