understand man's great reason in favor of taxation

Have you ever thought about what your life would be like if you had to pay more taxes? A Brazilian is practically begging for this to happen. Understand the reason!

Nowadays, it is not uncommon to find people who are strictly against taxation on many products, as paying taxes is not easy on the wallet. It turns out that not all people think this way.

Recently, a Brazilian gained prominence on the networks for being in favor of taxing fortunes, which ended up attracting the attention of both those against and those in favor of the action. This way, we will understand this citizen's position below!

What would you do if you had to pay more taxes? Understand why Brazilian boomers are in favor of taxation! / Credit: @jeanedeoliveirafotografia / pronatec.pro.br

Brazilian multimillionaire says he is in favor of tax collection

In an unusual and historic action, around 250 billionaires and millionaires from around the world came together in a surprising request: to increase taxes on great fortunes.

This request, formalized through an open letter during the World Economic Forum in Davos, has a noble objective – combating growing inequalities and financing improvements in public services.

Among the signatories is the only Brazilian on the list, João Paulo Pacifico, founder of Grupo Gaia, a company that aims to humanize finance. This movement reflects a shift in perspective among the global elite on social responsibility and wealth distribution, challenging current economic structures.

A global movement for tax justice

The group, made up of individuals from 17 countries, includes prominent figures such as Abigail Disney, heir to the Disney empire, actor and screenwriter Simon Pegg, and many others.

In short, they recognize the benefits they have received from the economic status quo and emphasize the urgent need for action to address growing inequality, which threatens global economic, social and ecological stability.

Who is João Paulo Pacifico?

João Paulo Pacifico is a notable example of how wealth can be used for social good. In addition to being a businessman, he is a writer, activist and advisor to Greenpeace.

His commitment to social justice is evident in his actions, such as the donation of his investment company, Gaia, to an NGO, aiming to create social impact projects.

This attitude reflects a paradigm shift regarding the accumulation of wealth and the role of the elite in society.

The pressure on global leaders

Basically, the open letter is a direct appeal to world leaders to adopt effective measures against economic inequality.

The signatories argue that taxing extreme wealth is a necessary and urgent measure to transform unproductive wealth into investments for a common democratic future.

Overall, they highlight that such action will not significantly affect their standard of living, but will have a transformative impact on society.

What taxes do Brazilians currently pay?

Currently, Brazilians are subject to a variety of taxes, which cover both federal, state and municipal spheres, reflecting a complex tax structure.

At the federal level, the Income Tax (IR) stands out, which is levied on the income of individuals and legal entities, the Contribution for the Financing of Social Security (COFINS) and the Social Integration Program (PIS), both related to company revenue.

At the state level, the Tax on the Circulation of Goods and Services (ICMS) is the most significant, affecting the movement of goods, communications and transport.

Finally, in municipalities, the Urban Property and Territorial Tax (IPTU), applied to urban real estate, and the Service Tax (ISS), on the provision of services, are the most common.

These taxes, together with others such as the IPI (Tax on Industrialized Products) and the INSS (social security), make up the tax burden that directly impacts citizens and companies in Brazil.

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