Colombians are protesting the government's attempts to increase taxes. The strain brought on by the pandemic and economic inequality has culminated in public discord. The Latin American nation has long struggled with civil war and narcoterrorism . The decision to raise taxes has caused much anger at the Ivan Duque administration. The demonstrations and failure to produce rational solutions could jeopardize President Duque's chances for reelection. Increasing taxes on food and utilities only harms the average citizen. Curfews and pandemic restrictions have only added to the public's frustration. The protesters have been peaceful, but law enforcement has not. The excessive use of force has gained international attention . The plan to balance the budget with tax hikes will not work when unemployment is high. The only result will be that those who have jobs will be taxed more. The employed could end up being impoverished from ineffective government policy. As economic contraction grows, Colombia becomes more desperate. Colombia needs to get financial assistance from other countries What Colombians need is some form of universal basic income to counter economic instability. The only way the economy can be fixed is eliminating the COVID-19 virus and increasing employment. If the tax hikes continue then more civil unrest will occur.
No comments:
Post a Comment