Brazil's tax system fuels income inequality

Brazil’s Congress is discussing a proposal for income tax reform. Backed by the Lula administration, the bill seeks to make the country’s system more progressive. But just how unequal are taxes in Brazil? 

This week, we host economist Davi Bhering, who co-authored a Paris School of Economics study on Brazil’s tax income system. In our newly released episode of the Explaining Brazil podcast, he unpacks:  

• Why Brazil’s income inequality may be higher than previously estimated.
• How the Brazilian system’s regressivity compares to other countries.

Why his findings may indicate that global inequality is higher than anticipated.