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by rbanffy 1055 days ago
As far as I remember (I used to be Brazilian) the tax is applied to the difference, so 20% is discounted from the maximum for the 20% bracket, and 27.5% (and, boy, I wish I only paid 27.5% tax here) is applied to the difference.

Or am I misremembering? Maybe it's taken from the payslip, but returned with the yearly adjustment (which could make sense)

2 comments

I haven’t lived in Brazil for 10 years, so maybe it’s different from what I remember.

You might get the difference back when you filed taxes? I’m pretty sure my payslips discounted 27.5% though.

And yeah, I also miss 27.5% tax. Ireland’s 52% marginal tax rate makes me sad every time.

> And yeah, I also miss 27.5% tax. Ireland’s 52% marginal tax rate makes me sad every time.

OTOH, we don't have to walk through someone's living room when going to work, or buy candy from kids on traffic lights.

Equality has a price I'm more than happy to pay. I still remember how rare a sight kids selling candy on traffic lights was in the mid 2000's and it crushes my soul to see that again when I visit my family down there.

It was always progressive. A lot of people think it isn't and I have no idea where that came from. You probably misinterpreted your _holerites_ back then.
It is only in the difference between the brackets, technically you should never make less money by going into a higher bracket, just less then you expected.