Higher taxes in Brazil

Brazilian government collected US$ 37,039 million in taxes last January. This is 20 percent more than it was in January 2007.

Although tax authorities affirm this increase is a result of economic growth, economists say that every year more money from private sector is taken by the state.

According to Veja Magazine, in 2007, tax burden reached more than 36 percent of GDP (Gross Domestic Product). In 2006, it was 34,23 percent.