Colombia president axes tax plan after angry protests ...Middle East

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Colombia president axes tax plan after angry protests
BOGOTA: Colombian President Ivan Duque caved in Friday to widespread anger and said he would overhaul a proposed tax reform that many said would leave them poorer during the pandemic.Duque announced he was shelving clauses that would lower the income tax threshold to broaden the tax base and raise value-added taxes on goods and services.He acted two days after tens of thousands of Colombians took to the streets across the country to denounce the proposed tax changes.They were rejected across the board — by opposition parties, unions, students and civil society groups that complained that the reforms came at the worst possible time and were particularly harmful to the middle class.Even some i

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