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Brazil to reintroduce diesel tax to pay for Lula's auto program

Summary by Ground News
Brazil's government will partially reintroduce a federal diesel tax this year to pay for leftist President Luiz Inacio Lula da Silva's plan to bring down the cost of vehicles. The plan offers tax credits to manufacturers who lower auto prices. Last year, former President Jair Bolsonaro eliminated the diesel tax until the end of 2023 to combat inflation.

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Devdiscourse broke the news in India on Monday, June 5, 2023.
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