Brazil’s Parliament Backs Big Tax Cut For Workers—And A Floor For The Very Rich

Brazil’s Parliament Backs Big Tax Cut For Workers—And A Floor For The Very Rich

Brazil just did something rare in politics: everyone agreed. The Chamber of Deputies voted 493–0 to lift millions of workers out of income tax while setting a minimum effective tax for the wealthiest. The bill now goes to the Senate and, if approved and signed, applies from January. What changes for ordinary people: salaries up […]