Think Bogotá's traffic jams are horrific now? Well, just wait!
Congress, in all its wisdom, has included in the tax reform bill which it just passed and Pres. Santos will sign, a cut in gasoline prices. Colombians will cheer and senators will gain votes, but, by promoting consumption, driving and traffic congestion will all get worse - besides the impacts on pollution and climate change.
What's more, less gas tax revenue will mean less money for schools and parks - or more taxes on tings like food and technology.
Not content with that, Congress all included a tax break for the sale of older used cars - which are often the most highly polluting vehicles.
When legislating, Colombians would benefit from more good policymaking and less populism.
By Mike Ceaser, of Bogotá Bike Tours