Taxation and distribution of income in Brazil: new evidence from personal income tax data

Taxation and distribution of income in Brazil: new evidence from personal income tax data

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iphone 13 price ohio ABSTRACT able This paper presents a critical analysis of income and profit taxes in Brazil, arguing that measures adopted in the 1980s and 1990s, as a result of mainstream recommendations, hindered the redistributive role of taxes.An examination of tax data reveals a high degree of top income concentration, low tax progressivity and violations of the lovesense 3 principles of horizontal and vertical equity.The main reason for these distortions is the complete tax exemption of dividends, a benefit that is very rarely seen in developed countries.We propose a return to a progressivity-focused tax reform plan, a theme that has returned as a focus of debates with (Piketty, 2014).