IRBES: Further Impacting The Economy, Taxes In Brazil Are Considered The Worst In Terms Of Return For The Well-Being Of Its Population, According To A Study By The Brazilian Institute Of Planning And Taxation (IBPT)

Written by Bruno Teles

Published on 18/01/2023 at 18:01

Afetando ainda mais a economia, os impostos no Brasil são considerados os piores no retorno para bem-estar de sua população, segundo o estudo feito pelo Instituto Brasileiro de Planejamento e Tributação (IBPT) (Foto/divulgação)

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Taxes in Brazil Are Considered the Worst in Allocating Taxes for the Minimum Comfort and Well-Being of the Population, According to Edition 11 of the Welfare Return Index (Irbes) Prepared by the Brazilian Institute of Planning and Taxation (IBPT).

This study shows the 30 countries that collected the most taxes worldwide, with Brazil presented in last place in the survey since it started in 2011. According to the Brazilian Institute of Planning and Taxation (IBPT), the entire calculation of the study also takes into account the total tax burden in relation to GDP (weighted with about 15% importance) along with the Human Development Index (HDI) (weighted with about 85% importance).

For the fourth consecutive time, Ireland was ranked first in the study, considered the country that best allocates taxes for the well-being of its population among all nations that collect the most.

“It is necessary to allocate the Brazilian budget in a more assertive and qualitative manner,” says the executive president of IBPT, Dr. João Eloi Olenike. “The amount Brazil currently allocates for investments that promote growth in the HDI is very low,” emphasizes Dr. Olenike.

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Cost of Brazil

According to João Olenike, one of the main factors that weigh on the Cost of Brazil is the high taxes charged in Brazil, which influences investment in the country, resulting in significant impacts on improving the quality of well-being and life of the population.

“Many refrain from investing here because costs are too high, the taxation is high, there is legal security, ports that are not very efficient, toll roads, and even when they are good, most are in poor condition,” evaluates João Eloi Olenike. The president also points out the issue of transport logistics, which is not considered adequate for the size of the country, along with the bureaucracy surrounding it.

For João Eloi Olenike, as long as this scenario does not change, Brazil will continue to collect a lot of taxes from the population, but the return will be poor for society.

With all this, last Thursday, the 12th, Lula (PT) stated that changes in Brazil’s taxes will be necessary. According to him, the rich must pay even more taxes than the poor.

IRBES: Further Impacting The Economy, Taxes In Brazil Are Considered The Worst In Terms Of Return For The Well-Being Of Its Population, According To A Study By The Brazilian Institute Of Planning And Taxation (IBPT)

Taxes in Brazil Are Considered the Worst in Allocating Taxes for the Minimum Comfort and Well-Being of the Population, According to Edition 11 of the Welfare Return Index (Irbes) Prepared by the Brazilian Institute of Planning and Taxation (IBPT).

Cost of Brazil

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IRBES: Further Impacting The Economy, Taxes In Brazil Are Considered The Worst In Terms Of Return For The Well-Being Of Its Population, According To A Study By The Brazilian Institute Of Planning And Taxation (IBPT)

Taxes in Brazil Are Considered the Worst in Allocating Taxes for the Minimum Comfort and Well-Being of the Population, According to Edition 11 of the Welfare Return Index (Irbes) Prepared by the Brazilian Institute of Planning and Taxation (IBPT).

Cost of Brazil

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

Bricklayers off the scaffolding? New system uses autonomous drones to position bricks and apply adhesive in the air, creating walls with two flying robots working as a team.

The labor shortage has changed its face in Brazil: companies hire 80% more, but workers stay only 6.8 months in the job, the service market becomes a “revolving door,” and businesses spend increasingly more to train teams that soon leave.

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With only R$ 50 in his pocket and a dream, the 26-year-old Tocantins native Willian Gomes left Tocantins and has already cycled over 4,000 kilometers towards Ushuaia, at the southern tip of Argentina, without accepting a single ride in eight months.

Has the war with artificial intelligence already begun? The US Army tests armed robots in the Moroccan desert, uses drones with explosives, and showcases a system capable of reducing military decisions from hours to just 3 minutes.

The invisible flaw that protects banks, passwords, and messages may be numbered after a quantum experiment transforms imperfect randomness into numbers impossible to predict.

The labor shortage has changed its face in Brazil: companies hire 80% more, but workers stay only 6.8 months in the job, the service market becomes a “revolving door,” and businesses spend increasingly more to train teams that soon leave.