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Economy and your pocket

Fair taxes

A protest banner against cuts to poor and working people
Photo: Fibonacci Blue from Minnesota, USA · CC BY 2.0

Left

No income tax up to R$ 5,000, paid for by those earning over R$ 600,000 a year.

Far right

Promised to exempt those earning up to 5 minimum wages and did not deliver.

Why it matters

In Brazil, much of the tax burden comes from consumption, which weighs more on low earners. The new law exempted about 10 million people and sets a minimum rate for about 140,000 very high earners.

Far right

It made the news

Not opinion: the press recorded it. Stories showing what the far right did or tried to do on this issue.

Sources

Where the data on this page comes from.

  1. Ministério da Fazenda

    The exemption law up to R$ 5,000, offset by a minimum tax on income above R$ 600,000 a year.

  2. Poder360

    In the 2018 campaign, Bolsonaro promised no income tax for those earning up to 5 minimum wages.

  3. A Gazeta (Folhapress)

    In 2021 the government finished its income tax reform without keeping the promise.

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