Brazil’s Economy Minister Paulo Guedes presented his tax reform bill – but “reform” might be an overstatement. Instead of overhauling one of the world’s most complex tax systems, Minister Guedes proposed only one thing: merging two social security taxes into a single 12% charge. Tax reform has been talked about in Brazil for decades. Will this time be any different? ______ The Brazilian Report is an independent media outlet uniquely positioned to offer an insider’s view on current affairs in Brazil.
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