The Intelligence from The Economist Down to brash tax: Colombia’s protests grow
May 7, 2021
Mariana Palau, an expert on Colombia's political landscape, and Michael Hann, a cultural commentator, delve into the explosive protests in Colombia sparked by controversial tax reforms. They discuss the escalating violence and demands for change that threaten President Iván Duque’s authority. The duo also explores the military's emissions impact and their strides towards environmental responsibility. Additionally, they highlight fascinating moments in music history where accidental innovations have reshaped genres, revealing how mistakes can lead to creative breakthroughs.
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Expanding Protests
- Colombia's protests, initially against tax reform, have broadened.
- They now encompass economic hardship and resentment towards President Iván Duque.
Tax Reform Details
- The Colombian government proposed tax reforms to increase revenue and social spending.
- These included removing VAT exemptions, expanding income tax, and taxing pensions.
Backlash Reasons
- The tax reform faced backlash due to Colombia's economic struggles from prolonged lockdowns.
- Many viewed the reform as unfair despite it targeting the wealthy.