Skip to Content

Brazil’s lower house finds compromise in a major reform of the country’s ‘dysfunctional’ tax system

KIFI

By ELÉONORE HUGHES
Associated Press

RIO DE JANEIRO (AP) — Brazil’s lower house of Congress has approved a major reform of the nation’s notoriously complicated tax system, showing compromise is possible between the conservative Congress and leftist President Luiz Inácio Lula da Silva. The long-awaited tax reform aims to simplify the system, widely considered overly burdensome for both individuals and businesses, and boost economic growth that has drifted between downturns and doldrums for the last decade. Given last year’s highly divisive electoral campaign, there had been speculation that legislative gridlock could stymie any of Lula’s legislative agenda. In a speech before the vote, Speaker Arthur Lira called on lawmakers to leave partisan divisions aside and support the measure.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.