“Revenue from green taxation could revert to reduce the IRS” – Economic

"Revenue from green taxation could revert to reduce the IRS" – Economic

Cravina Paula Simões de Sousa and Ligia

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Introduction of a fixed deduction may cause the IRS to be perceived as “less fair tax.”

“Given the already excessive level taxing higher income earners “and” balanced budget concerns, “Carlos Wolf argues that will only be possible down the IRS if the Executive garner” additional income in other taxes to offset the reduction in the tax burden of the IRS. ” The former Secretary of State for Fiscal Affairs and the fiscalist EY suggests that 180 million of revenue that could be raised with the Commission’s proposals for reform of the Green Taxation are used to reduce the IRS.

What this reform measure that highlights the IRS?

For each of the objectives outlined in the Order of appointment of the Commission for the Reform of IRS (tax simplification, mobility and social protection for families) highlight some measures. As regards simplification, enlargement of the system of exemption from submission of returns of income and the reformulation of the withholding tax regime. In terms of family, separate taxation of couples as a rule regime (with possible option for joint taxation) and the introduction of family quotient. In the area of ​​social and international mobility, the promotion of entrepreneurship and the adaptation of the IRS Code to situations of international mobility.

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