PT presents four projects to tax the super-rich, dividends, and financial investments

Proposals include a tax of up to 3% on large fortunes, taxation of profits and dividends, and collection on investments currently exempt.

PT presents four projects to tax the super-rich, dividends, and financial investments

TL;DR

  • PT bloc introduced four bills to increase taxation on large fortunes, corporate profits, and financial income.
  • Proposals include a progressive tax on fortunes over R$15 million, a 15% tax on profits and dividends, and taxation on currently exempt financial investments.
  • These initiatives aim to expand fiscal space for social policies and public investments.
  • Other proposals from the PT bloc include changes to the Central Bank's autonomy, fiscal rules for public investments, and limits on high salaries in public service.