Brazil Daily

Brazil’s tax reform proposal: no solution in sight

Good morning! Today: the government’s tax reform woes, pro-Bolsonaro demonstrations bring about fears of police mutinies, Brazil’s economy leads the way in Latin American recovery, São Paulo fire destroys the region’s last piece of tropical savanna.

Tax reform headache set to continue

tax reform President Bolsonaro (left) and Economy Minister Paulo Guedes. Photo: Marcos Corrêa/PR
President Bolsonaro (left) and Economy Minister Paulo Guedes. Photo: Marcos Corrêa/PR

The government made a final push to rally support for the tax reform bill. While the proposal could go to a vote today, uncertainty remains. Two previous voting attempts were postponed, precisely due to a lack of support for approval.

Why it matters. Economy Minister Paulo Guedes advertised the reform as a pro-business move that would spark investors’...

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