Colombia has plunged into chaos due to new protests against tax reform.Colombia last week massively protested against the tax policy of President Ivan Duque - more than 20 people were killed, hundreds were injured, including police officers. Failure of tax policy. In early April 2021, the Duque government introduced the Sustainable Solidarity Law to the country's parliament. Under the new law, VAT will rise to 19%, tax deductions from wages above $ 663 are growing (the minimum wage in the country is $ 234 per month), and excise taxes on gasoline are being raised.
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The government hoped to increase budget revenues by $ 6.3 billion with the help of new measures. The amounts would be paid primarily by ordinary citizens, and not by the largest private companies, which were not subject to the increased tax burden.
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