Biden’s plan to raise taxes on the rich would have little chance in Brazil

Link to full Newspaper Article

Measures to tackle inequalities with increased taxation of the richest, such as the Biden Plan, and an unprecedented rate of approval for the payment of more taxes to finance social policies in Brazil opens a window of opportunity for the country to face the strong regression of its tax system , which guarantees privileges to the elites. This chance, however, tends be lost, since Congress historically ignores progressive bills.

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