Connect
Login
ADD YOUR NEWS
Brazil Caste System: Poor Work Three Months More than Rich to Pay Taxes
CJ | Jul 3 2009

He who pays the piper, may not always call the tune. At least this is what astounding news released Wednesday June 30th, by IPEA (Applied Economic Research Institute - Brazil) have proven, and what many Brazilians have been suspecting for years. According to the Institute, the poorest 10% of the population pays 32% more taxes than their 10% wealthiest counterparts, who contribute with 22%.

The Research entitled “Public budget, who pays out and who spends in Brazil” revealed that one third of the poor population earnings is consumed through direct and indirect taxes.

Add your comments
Login or Register to comment Add your comment as Guest
Or
Connect