More protests in Colombia as government unveils new tax plan

More protests in Colombia as government unveils new tax plan

Protesters said the new plan does not do enough to boost spending on education and job creation in Colombia, where the economy contracted 7% last year and pushed an additional 3 million people into poverty, according to the national statistics department. “Protests continue because President Duque has not solved any of the problems faced by Colombian society,” said Francisco Maltes, president of the Central Union of Workers, one of the groups that has led anti-government demonstrations.

Thousands joined in marches in Colombia’s main cities while Duque outlined to congress his government’s achievements and presented a tax plan for financing subsidies to low income families that have been out of work during the pandemic. The new plan is smaller than a $6.3 billion package that was presented in April and set off huge protests across Colombia, in which dozens of people were killed. The new proposal places a higher tax burden on companies’ earnings while discarding a previous proposal to impose sales taxes on basic items like coffee and salt. His union is part of a coalition of unions and student groups that plans to present congress with 10 proposals on addressing Colombia’s social and economic crisis. These include dissolving the nation’s riot police as well as creating a basic income program that would make monthly payments of $260 to 10 million people.

The government’s subsidy program currently provides monthly payments of $40 to 3 million families that are struggling to get by in the country of 50 million inhabitants. The new tax plan seeks to maintain these payments, provide subsidies to companies that hire workers aged 18 to 28, and also finance university tuition for low and middle income students. At Tuesday’s demonstrations, which were noticeably smaller than those in April and May, protesters also said they want justice for youths killed recently by police. Human Rights Watch says it has gathered evidence linking police to the slaying of 25 protesters during the recent wave of demonstrations, while local organizations say the number could be higher.

“Our country is in mourning” said Atala Ojeda, a pensioner who joined one of the marches in Bogota, carrying a Colombian flag with a black ribbon. “Every month we are losing young people and social leaders.”

The News Highlights

  • More protests in Colombia as government unveils new tax plan
  • Check the latest update on business news
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
Inside the $ 7 billion merger of Sequoia Financial and Wealthstone Advisors
Cleveland Board Member Convicted of Robbery, Tax Collection
His longtime assistant, Garnell Jamison, 63, was convicted of 11 counts. Johnson could receive 10 years in prison at sentencing in October. The jury ...
14 Weekend Smartphone, Laptop, and Audio Gear Deals
14 Weekend Smartphone, Laptop, and Audio Gear Deals
Special offer for Gear readers: Get a 1-year subscription to WIRED for $5 ($25 off). This includes unlimited access to WIRED.com and our print magazine (if ...
Lordstown Motors takes on 'Voltage Valley' on a wild trip after financial uncertainty reveals
Indiana businessman takes 5 years for Ponzi-style scheme
Federal prosecutors said Blankenbaker, the president of Indianapolis-based Stevia Corp., orchestrated a Ponzi-style scheme in which he induced 100 investors, ...
Colts sign QB Brett Hundley with Carson Wentz recovering;  Giant guard doesn’t need surgery
Colts sign QB Brett Hundley with Carson Wentz recovering; Giant guard doesn’t need surgery
New York linebacker Blake Martinez returned to the team after a stint on the reserve/COVID-19 list. The Giants are signing former Cowboys interior offensive ...
Harvard Grocery Outlet Moves to Garden Valley Shopping Center |  The business
Harvard Grocery Outlet Moves to Garden Valley Shopping Center | The business
The former JCPenney, at about 34,000 square feet, will give the Burtons a much bigger space for their Grocery Outlet — about 3,000 square feet of extra sales ...
These investment mistakes will cost you money
Maye from Jets disappointed with contract, focused on football
That, however, remains to be seen. The Jets could try to negotiate with Maye on an extension after the season — something the safety acknowledged he’d be ...
Biesiada Bash concert raises money for musician battling colon cancer
Biesiada Bash concert raises money for musician battling colon cancer
They also organized a raffle to help raise money for Ferch. “He’s doing chemo right now,” said Buuck. “He’s doing a good fight, and he’s gonna be so we ...
Goats lend horn with loads on Wyoming mountain guide trips
Goats lend horn with loads on Wyoming mountain guide trips
They also can be helpful allies in a tight spot. Zach Dorr can attest to that fact, the Gillette News Record reports. He took his wife on her first elk ...
The Crypto Daily - Movers and Shakers - April 2, 2021
Tornadoes inflict injury and damage in eastern Pennsylvania
One of those tornadoes damaged the auto dealership and a mobile home park, news outlets reported. Four people were injured at the dealership and a fifth was ...
Lightfoot, Chicago health officials recommend masks for everyone
Lightfoot, Chicago health officials recommend masks for everyone
The Centers for Disease Control added Cook County to the list of areas with substantial COVID-19 transmission. This means the agency recommends wearing masks ...
Show next
Compsmag - Latest News from tech, business and health
Logo