Over the past decade, Brazilian lawmakers have steadily built up procedures to expand their powers over the purse. That has included increasing the overall volume of congressional grants; making a large share of them mandatory spending; limiting the Executive’s discretion over when to release those funds, and creating ways to erase transparency and traceability from the process. A perfect recipe for corruption, which has now trickled down to state and municipal levels. But the Supreme Court ...
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Over the past decade, Brazilian lawmakers have steadily built up procedures to expand their powers over the purse. That has included increasing the overall volume of congressional grants; making a large share of them mandatory spending; limiting the Executive’s discretion over when to release those funds, and creating ways to erase transparency and traceability from the process. A perfect recipe for corruption, which has now trickled down to state and municipal levels. But the Supreme Court ...
Brazil's tax system fuels income inequality (preview)
Explaining Brazil
8 minutes
1 month ago
Brazil's tax system fuels income inequality (preview)
Brazil’s Congress is discussing a proposal for income tax reform. Backed by the Lula administration, the bill seeks to make the country’s system more progressive. But just how unequal are taxes in Brazil? This week, we host economist Davi Bhering, who co-authored a Paris School of Economics study on Brazil’s tax income system. In our newly released episode of the Explaining Brazil podcast, he unpacks: Why Brazil’s income inequality may be higher than previously estimated.How the ...
Explaining Brazil
Over the past decade, Brazilian lawmakers have steadily built up procedures to expand their powers over the purse. That has included increasing the overall volume of congressional grants; making a large share of them mandatory spending; limiting the Executive’s discretion over when to release those funds, and creating ways to erase transparency and traceability from the process. A perfect recipe for corruption, which has now trickled down to state and municipal levels. But the Supreme Court ...