Gasoline, diesel and ethanol were some of the items that rose the most in 2021, and the concern is that they will continue to put pressure on inflation and economic activity. The economic and political impacts of this situation, in an election year, worry the Planalto, which is trying to find a way around the problem.
The initial proposal to change taxation generated negative repercussions among political and market agents. The government’s desire is to deliver the text of a PEC on Fuels to Congress in the first half of February.
In this episode of E Tem Mais, Carol Nogueira presents an overview of the government’s plans to propose the reduction or temporary exemption of fuel taxes. To describe the weight of taxes on fuel prices and the possible effects of a change in taxes, economist Matheus Peçanha, a researcher at Ibre/FGV, and a policy analyst at CNN Brazil Thais Arbex.
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Source: CNN Brasil

I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.