FILE PHOTO: Former Brazilian President Luiz Inacio Lula da Silva gestures during an interview with Reuters in Sao Paulo, Brazil December 17, 2021. Picture taken December 17, 2021.FILE PHOTO: Former Brazilian President Luiz Inacio Lula da Silva gestures during an interview with Reuters in Sao Paulo, Brazil December 17, 2021. Picture taken December 17, 2021.
Lula has said on the campaign trail that the rich should pay more income tax and the poor less. He also advocates taxing dividends paid by companies. The PT is studying taxation of dividends over 1 million reais per year, and the reduction in payroll taxes paid by companies.
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Ain't gonna happen.
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