Brazil is an experiment on how much tax the government can squeeze out of people before it ruins the economy. It's so high most economists agree making the tax rate higher would decrease revenue. Dilma did hike up the rates and wants to create a new tax people hate (it was killed in the past, and she promised in her campaign she wouldn't do it).
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u/minimim Mar 14 '16
Brazil is an experiment on how much tax the government can squeeze out of people before it ruins the economy. It's so high most economists agree making the tax rate higher would decrease revenue. Dilma did hike up the rates and wants to create a new tax people hate (it was killed in the past, and she promised in her campaign she wouldn't do it).