The Conference Board’s latest report shows a significant upturn in American consumer confidence. This October, the index climbed to 108.7, its highest point in nine months. The surge surpassed economists’ expectations of a more modest rise to 99.5. This boost stems largely from an improved perception of the job market. The percentage of consumers describing […]
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Brazil’s Bold Plan: Taxing the Rich to Ease the Middle Class
The Brazilian government has unveiled a daring plan to reshape its tax system. President Luiz Inácio Lula da Silva aims to fulfill a key campaign promise. He wants to exempt workers earning up to R$5,000 ($1,000) per month from income tax. This move would significantly impact millions of middle-class Brazilians. Currently, the income tax exemption […]
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