Colombia's President Ivan Duque has withdrawn a controversial tax reform bill following huge protests across the country. He said that his government would work to produce new proposals and seek consensus with other parties and organizations.

Colombia withdraws tax reform bill after mass protests

Thousands of protesters answered calls from Colombia's biggest unions to come out on streets around the country on Wednesday in protest against a controversial tax reform proposal.

Thousands of Colombians take it to streets to protest against tax increase

US President Joe Biden will soon roll out plan to raise taxes for the wealthiest Americans, said Reuters quoting sources familiar with the proposal. This proposal is likely to include largest-ever increase in levies on investment gains.

Joe Biden to unveil historic tax increase for the rich

'Yellow vests' protesters maintained their blockades across France on Tuesday despite measures delaying tax increases announced by the government on Monday. French Prime Minister Edouard Philippe decided to suspend planned increases to fuel taxes for at least six months in response to weeks of sometimes violent protests, marking the first major U-turn by Macron's administration in 18 months in office.

'Not enough!' say 'yellow vests' and supporters on government's suspension of fuel tax

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