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Brazil’s Economy Minister defends taxing the super-rich and exonerating companies

RIO DE JANEIRO, BRAZIL - To unlock the tax reform in the Senate, Brazil's Minister of Economy, Paulo Guedes, said on May 9 that the government could present a "leaner" version of the project with the proposal to increase income tax on the super-rich and reduce taxes levied on companies.

"The time is now. We have already approved this reform in the Chamber [of Deputies]; it is stuck in the Senate. We can make a leaner version, taxing the super-rich and reducing the tax on companies," said Guedes when presenting a new tool to monitor investments in the . . .

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