Majority of Brazilians Support Income Tax Exemption for Earnings Up to R$ 5,000
A recent survey conducted by Paraná Pesquisas reveals that a significant 67% of Brazilian respondents endorse the proposed exemption from Income Tax (IR) for individuals earning up to R$ 5,000. The poll, which included 2,018 voters across all 26 states and the Federal District, took place from January 7 to January 10, 2025. The margin of error for the survey is 2.2 percentage points, with a confidence level of 95%.
The proposed tax exemption has garnered a mostly positive response, with 23.2% of the participants expressing disapproval, while 9.8% remained undecided or did not provide an opinion on the matter.
Furthermore, the survey assessed the public's awareness of the government's announcement regarding the tax exemption. Approximately 60.8% of those surveyed reported being aware of the announcement made by President Luiz Inácio Lula da Silva's administration, while 39.2% indicated they were not informed.
This policy aims to alleviate the tax burden on lower-income earners, potentially affecting a substantial portion of the labor force in Brazil. By excluding those earning below R$ 5,000 from the Income Tax, the government seeks to provide financial relief and encourage economic activity among the working population.
As the Brazilian government continues to address economic challenges, public support for such measures is crucial. The findings from this survey could influence policy discussions and decisions in the coming months, reflecting the sentiments of the electorate regarding tax reforms.
