FIRJAN Study Claims Brazilian Tax Reform Could Generate 300,000 Jobs Per Year

The work was based on a methodology developed over one year and does not anticipate changes in the tax burden.

RIO DE JANEIRO, BRAZIL - The Brazilian tax system, regarded as complex, bureaucratic and outdated, could generate billionaire gains for society only by redesigning the tax collection structure.

Calculations prepared by the Federation of Industries of the State of Rio de Janeiro (FIRJAN) show that the two tax reform proposals - under discussion in Congress - have the potential to generate 300,000 jobs per year and increase consumption by up to R$122.7 billion (US$30.67 . . .

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