Brazilians are angry at government suggestions that new taxes may be necessary and would likely fight back if Congress were to raise levies, according to a poll released Tuesday. The nationwide poll conducted by the Public Opinion Research Institute (Ibope) for the National Confederation of Industry (CNI) showed a whopping 73 percent opposed to introduction of a proposed financial transactions tax, often mentioned as a possibility by officials. Such a tax would cover ordinary credit card and check writing transactions. A total of 60 percent said they oppose any new taxes, even those directly linked to services such as retirement, health and education. An overwhelming 90 percent described current government services as inadequate, given the current high rates of taxation in the country. Finance Minister Henrique Meirelles has advocated for fiscal austerity, saying Brazil’s government can no longer sustain current high levels of debt. He has said new taxes will be imposed, but only if absolutely necessary.
Link to Ibope/CNI surveyMore Testimonials