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If No Peace Deal, Colombia Will Need Tax Hike, says President

Colombia will have to raise taxes to fund its conflict with Marxist rebels if a possible peace deal falls through, President Juan Manuel Santos said on Monday, in comments roundly criticized by the opposition. Santos, whose government began peace talks with the Revolutionary Armed Forces of Colombia, or FARC, in late 2012 in a bid to end more than 50 years of war, has come under fire over the last week for his comments on the peace process. "It's been said we'll raise...

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