Brazil's Bolsonaro rules out economy minister's 'sin tax' idea

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President says the sin tax will be too much of a burden on Brazilians. FMTNews Bolsonaro Brazil SinTax

President says everyone consumes sugar everyday making it hard to implement a tax.

“Paulo Guedes, sorry, you are my minister, I’m with you 99%, but there won’t be any tax increases on beer, no,” Bolsonaro said in an interview with journalists on Friday after landing in New Delhi, India, on an official trip. The idea of a “sin tax” is similar to a recent measure in Britain, which has been in force since April last year on products with high levels of salt, sugar and fat, with the aim of combating childhood obesity.

 

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