Tax collection grows 11.5% in 2022 and Brazilians transfer US$540 billion to public coffers

Estimates by the Trade Association of São Paulo (ACSP) point out that the Brazilian population transferred R$2.89 trillion (US$540 billion) in taxes to the federal government, according to information from the “Impostômetro” (taxometer).

The index considers the amount collected by federal, state and municipal governments, including fees, contributions, fines, interest and monetary correction.

The plaque, installed in the central region of São Paulo, registered the mark of R$2,890,489,835,290.32 in taxes.

According to the association, the amount is 11.5% higher than in 2021, when Brazilian taxpayers paid around R$2.6 trillion.

The Federal Revenue also reported that the collection in November reached R$172.038 billion, an increase of 3.25% compared to the same month in 2021. According to the institution, this is the best result for the period since 2013.

In the accumulated from January to November 2022, federal revenue totaled R$2.008 trillion, an amount that represents an increase of 8.8% compared to the same period last year.

The accumulated result for the year represents the best collection performance ever recorded since 1995, the beginning of the historical series.

Economist at the Gastão Vidigal Institute of ACSP, Ulisses Ruiz de Gamboa, assesses that the growth in taxation paid in 2022 is due to the higher collection of federal taxes, despite the exemptions promoted by the government, as was the case for fuel, electricity and telecommunications.

“Additionally, we also had high inflation, which makes products and services more expensive. Our tax burden continues to be high by the standards of an emerging country. Administrative reform and containment of public spending are some of the ways to reduce the burden of taxes,” he ponders. He defends carrying out structural reforms to reduce the burden of taxes.

Executive Secretary of the Ministry of Economy, Marcelo Guaranys also stated that the positive data prove the results of the work of the Ministry of Economy in the last four years, with an increase in revenue without raising taxes. He also highlighted the clear strategy of fiscal consolidation, improving the public spending profile.

Special Secretary of the Federal Revenue of Brazil, Julio Cesar Vieira Gomes, highlighted that the increase in collection in 2022 occurred even with the implementation of necessary exemptions throughout the year, covering practically all federal taxes.

With information from Jovem Pan

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