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Gustavo Petro: What We’ve Learned So Far

The Americas Quarterly Podcast

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Petro's Tax Reform

The tax reform aims for 1.7% of GDP in new revenues next year, Ricardo says. With that additional income, the fiscal deficit will be under control, he adds. The big question is what Petro has promised in order to give 3 million Colombians over 65 the equivalent of half a minimum wage as a pension,. And it is clear that with this tax reform that is impossible to finance," writes Ricardo.

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