Reduction of Income Inequality Depends on Super Rich Taxation, Says Fazenda – Young Pan
4 Articles
4 Articles
By Pedro Peduzzi – Agência Brasil Research released this Friday (13) by the Ministry of Finance reveals that a “minimum” rate of Income Tax for Individuals (IRPF) for those earning a salary above R$50 thousand per month would guarantee a greater number of exempt taxpayers in the poorest classes. The study confirms the thesis defended by […]
As it becomes politically unsustainable to further exempt the ultra-rich from a more decent contribution to the budgetary effort, we offer you a selection of our contributions to this now central debate.
A study by the Treasury Department shows that it is not enough to exempt up to R$5,000: to reduce inequality, it is necessary to increase the income tax of the super-rich. The post Without a minimum income tax for the super-rich, inequality would increase appeared first on Monitor Mercantil.
The Secretary of Economic Policy of the Ministry of Fazenda, Guilherme Mello, confirmed that reducing income inequality in Brazil depends on taxation of the richest ones, and that the measures being presented by the government since the beginning of the management – such as the taxation of closed and offshore funds – and are in the direction of correction of distortions. Statements were made during the collective effort to present the Pasta stud…
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