Brazil's lower house approves an increase in tax exemptions for low-income people
RIO DE JANEIRO (AP) — Brazil's lower house has approved exempting up to 5,000 reais ($940) a month from income taxes, which would more than double the current exemption and meet a key priority of President Luiz Inacio Lula da Silva 's 2022 election campaign.
(Financial Post, 2025-10-03T00:43:37Z)