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Nine parties oppose Brazil’s tax reform: “Government wants to fatten public coffers”

RIO DE JANEIRO, BRAZIL - The leaders of nine parties (PSL, MDB, Solidariedade, Cidadania, DEM, Novo, Podemos, PSDB and PV) on Thursday, July 8, released a statement opposing the Income Tax reform submitted by Economy Minister Paulo Guedes to Congress last month.

According to the parties, the bill will raise taxes for families and companies.

"We decided to publicly oppose the government's income tax reform bill. Brazil's productive sectors and working class cannot bear a bill that increases the tax burden, penalizes investments, and hinders the generation of jobs and income. It is necessary to vigorously denounce that the . . .

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