Pacto Histórico announces marches and political fight against De La Espriella's tax reform
Pacto Histórico announced a national mobilization day for Thursday, November 19, to pressure Congress to shelve the fiscal rescue law, the tax reform of President Abelardo De La Espriella's government. The opposition questioned the expansion of VAT to staple food products and changes to the wealth tax, and warned of possible effects on inflation, food prices and employment.
In 35 seconds
- Pacto Histórico called a national mobilization for November 19 to pressure for the tax reform to be shelved.
- It questions that the proposal expands VAT to eight groups of staple products, versus five in Carrasquilla's reform.
- It says about three million people who currently pay no income tax would start paying, while 15,000 higher-income taxpayers would stop paying the wealth tax.
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