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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