Democratic Center rejects the tax reform: “it will increase unemployment, poverty, inflation and the dollar”

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Among the modifications that were made to the articles, the opposition caucus highlights the elimination of the tax on bread and milk products, as well like, to churches and pensions

Democratic Center rejects the tax reform: “will increase unemployment, poverty, inflation and the dollar”

Following the approval of the articles, Senator Miguel Uribe announced that he will demand tax reform from the Government of Gustavo Petro,

One ​​day after the Congress of the Republic, both in the Senate and in the House of Representatives, approved the tax reform promoted by the national government, the Democratic Center, as an opposition party, ratified that the approved project will generate poverty, unemployment and less investment in a global situation of recession.

According to the Colombian right-wing party, the tax reform, at the same time, will impoverish the middle class, hit the lowest-income households and introduce an attack on the hydrocarbons sector, which is the one that provides the most resources to the national economy.

“Although Petrism tries to say the opposite, it will be the ordinary citizen who end up paying the costs of the tax reform”, can be read in the statement shared by the Democratic Center.

According to the opposition community, “it is obvious that this increase will be transferred to Colombia, in moments in which we see an inflation that as of September stands at 11.4%.”

One ​​of the points to which the Democratic Center most opposed in the debates for the approval of the tax reformIt was article 45 of the text, which taxes foods such as arepas, baby compotes, sausages, chorizos, ham, canned beans, cakes and soft drinks, among others.

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One ​​of the community's arguments was that these taxes generate a blow to the pockets of the lowest strata of the population. “With the excuse of health, but seriously violating the right to freedom that every citizen has to consume or not food that is available in the market”, it is pointed out in the document shared with public opinion.

However, the opposition party indicated that its proposal is “clear and blunt”, given the government's insistence on filing this reform for the people. “The Democratic Center with its effort, persistence and work achievedintroduce some modifications that make the reform less harmful for Colombians”, the statement explains.

Among the achievements highlighted by the Democratic Center are: the elimination of the tax bread and milk products, as well as, churches and pensions.

In the same vein, he stressed that the Special Economic and Social Zones (ZESE) of Buenaventura and Barrancabermeja were maintained, as well as sustaining customs benefits for the Free Zones, a mechanism that generates more than $50 billion in investments and more than 150 thousand direct jobs. The dividend rate was also prevented from reaching 39%.

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After the approval of the articles, Senator Miguel Uribe announced that he will demand tax reform from the Government of Gustavo Petro, “an initiative that will be accompanied by the Democratic Center and by dissatisfied Colombians who number in the millions.”

Finally, the opposition caucus maintained that “it will be to fight with the support of the citizens who see in Gustavo Petro's project a real threat against the interests of the country. That is why we will remain firm in the defense of rights and freedoms, which cannot be curtailed by a populist government project.”