Economist Podcasts Down to brash tax: Colombia’s protests grow
May 7, 2021
Mariana Palau, a journalist focused on Colombia for The Economist, provides deep insights into the ongoing protests against tax reforms that have escalated into a broader fight against President Iván Duque's administration. She discusses the violent turn of these demonstrations and the significant impact on daily life in Colombia. Additionally, the conversation shifts to the overlooked environmental consequences of military operations and the push for greener practices within armed forces, highlighting a transition towards renewable energy initiatives.
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Expanding Protests
- Colombia's protests, initially against tax reform, have broadened.
- They now encompass economic grievances and resentment towards President Ivan Duque.
Tax Reform Goals
- The Colombian government's proposed tax reform aimed to increase revenue and social spending.
- It targeted VAT exemptions, income tax, and pensions, impacting the wealthy but facing widespread opposition.
Economic Hardship
- Colombia's prolonged lockdown worsened poverty, with millions falling into extreme poverty and businesses closing.
- Despite targeting the wealthy, the tax reform faced significant opposition due to the challenging economic climate.