Brazil’s richest captured record income share despite Lula’s effort to prioritize the poor
Fixed-income returns and Selic-linked debt helped push financial income to nearly one-third of the gain in the richest 0.1%'s share, Reuters analysis found.
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6 Articles
Brazil's richest captured record income share despite Lula's effort to prioritize the poor
BRASILIA, Sept 4 - Brazil's wealthiest captured a record share of national income under President Luiz Inacio Lula da Silva, tax-return data show, offering a striking counterpoint to the leftist leader's effort to convince voters that gains have been widely shared under his administration as he seeks reelection in October. Read more at straitstimes.com.
Brazil's richest have captured a record share of national income under President Luiz Inacio Lula da Silva, according to tax returns, offering a striking counterpoint to the effort... Brazil: Record income for the richest despite Lula's effort to prioritize the poor - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Income concentration at the top of the Brazilian pyramid reaches record in 20240.1% richer concentrates 13.1% of income in 2024, driven by high interest and fixed income
The richest Brazilians began to concentrate a record slice of national income under the government of President Luiz Inácio Lula da Silva, according to data extracted from income tax statements, offering a striking counterpoint to the efforts of the left-wing leader to convince voters that economic gains were widely distributed during [...]
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