Brazil’s Massive Tax Changes Set to Roil Already Struggling Consumers
While officials say they’re streamlining the country’s notoriously complex tax system, some say a high VAT will hurt low-income households.
www.theepochtimes.com
have been seeing where brazil is one of the upcoming world powers,bricks etc. this kinda says otherwise. seems to me their problems are similar to ours. out of control crime,massive poverty,inept/corrupt gov for a few. they did also elect (fraudulently ones hears) a communist like us. as i recall persecution of political opponents is also in play. china is not doing too well either and europe is gone. guess when we tank we will have a lot of company.