Economy
Analysis shows 70% of fiscal adjustment impact will come from tax revenue increases
A study by the Instituto Livre Mercado indicates that most of the fiscal adjustment proposed in the Senate relies on extra revenue, sparking criticism regarding its effectiveness in cutting public spending.
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The essentials of this story
- What happened
- The fiscal adjustment project focuses primarily on increasing revenue rather than cutting spending.
- Who is affected
- Taxpayers and productive sectors, which may face restrictions on tax credits and new compensation limits.
- What changes
- The fiscal adjustment strategy prioritizes revenue increases and makes public spending containment optional.
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