Bolivia: The “Gasolizano”: Government Increases Taxes on Fuel

Greg Weeks from Two Weeks Notice writes: “The Bolivian government drastically increased taxes on fuel, by over 70%.  It did so for rational capitalist reasons, namely that higher prices in neighboring countries had fostered a thriving black market.  However, the official reasoning leaves something to be desired”

Start the conversation

Authors, please log in »

Guidelines

  • All comments are reviewed by a moderator. Do not submit your comment more than once or it may be identified as spam.
  • Please treat others with respect. Comments containing hate speech, obscenity, and personal attacks will not be approved.