How Colombia Will Tax the Wealthy
President Gustavo Petro’s government plans to raise $20 trillion Colombian pesos through a hyper-targeted tax on less than one percent of the country’s top earners. Other nations should take notice.
President Gustavo Petro’s government plans to raise $20 trillion Colombian pesos through a hyper-targeted tax on less than one percent of the country’s top earners. Other nations should take notice.
Lawmakers are considering year-end tax breaks for corporations. A little help for families like yours and mine would go much further.
Too many lawmakers are happy to dole out subsidies for the rich and corporations while resisting pay increases for educators.
An Institute for Policy Studies analysis of the progressive tax proposed by incoming Colombian President Gustavo Petro would impact a small percentage of the nation's wealthiest while raising millions to address widening inequality.