No menu items!

Bolsonaro talks of taxing the super-rich to maintain Brazil aid for the poorest

President Jair Bolsonaro spoke on Thursday (Sep.1) about taxing profits and dividends of those earning more than R$ 400 thousand (US$80,000) per month as a possible alternative to maintain the Brazil aid of R$600 in 2023.

According to Bolsonaro, the tax proposal of Minister Paulo Guedes' economic team is 15%, which would be a "very low" tax.

Bolsonaro's statement was made during his weekly live broadcast on YouTube.

The president also said that the proposal was not included in the budget because there was no room for it.

"Right now, there is no way to . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content