45% are against the tax on profit and dividends, points out EXAME/IDEIA


Economy Minister Paulo Guedes delivered the second part of the tax reform to the National Congress two weeks ago. The text proposes to tax at 20% the profits and dividends that companies pay to shareholders. Currently, this charge is non-existent. Almost half of Brazilians, 45%, are against the proposition. Only 14% agree with the proposal, and 41% neither agree nor disagree.

The numbers are from the most recent EXAME/IDEIA survey, a project that brings together EXAME and IDEIA, a research institute specializing in public opinion. The survey polled 1,248 people between the 28th of June and the 1st of July. The interviews were carried out by telephone, with calls to both residential landlines and cell phones. The margin of error is plus or minus three percentage points. Click here to read the full report.



The higher the economic class, the greater the rejection of the proposal to levy taxes on profits and dividends. In classes A and B the disagreement reaches 51%. For people earning more than five salaries, that number grows to 52%. In the portion with higher education, 53% are against creating the new charge.

Maurício Moura, founder of IDEIA, explains that the higher economic classes will feel most of the impact if the proposal passes through Congress. Despite this, the opposite feeling is not only concentrated among the richest.

“There is no support to levy taxes on profits and dividends from individuals. Classes A and B and the group with higher education are massively against this measure. For other segments, it is not as relevant, but in any case there is a critical mass of the population that disagrees with this measure”, he says.