Numbers do not take into account the exemption on dividends received by partners, nor all other forms of disguised distribution, which ends up making the treatment even more beneficial. If compared to the tax burden on income and profits in Brazil (7%), what is observed is a very large difference both in relation to the USA (12.4%) and the average for the Organization for Cooperation and DevelopmentEconomic ( OECD) (11.4%) [5] . Therefore, the argument that the 34% rate ( Corporate Income Tax or IRPJ/ Social Contribution on Net Profit or CSLL) would be unfair (in itself) compared to other countries and/or that it would be unfair determinant impediment to the country's growth.
It is nothing new to insist on the discourse on the phenomenon of tax repercussion, popularized in the mantra that reducing Engineering Email List taxes on companies, especially on profits, would tend to benefit, in the medium to long term, both partners and investors in general. as workers and consumers. Recently, the issue reignited during debates involving the TCJA. On that occasion, its defenders presented a series of estimates, boasting encouraging numbers, according to the predictive models used.
Preaching caution, Burman and Slemrod (2020, p. 71-72 [6] ) warned that a conclusive answer about its real effects — in addition, obviously, to directly favoring business owners — would be practically impossible, especially because it should be taken taking into account the impact it would generate on public accounts (for example, a drop in revenue and debt financing expenses). At the end of former President Donald Trump's mandate, what was confirmed was that the improvement in some indicators in the first years (Gross Domestic Product or GDP and unemployment rate) did not remotely satisfy the promises of reducing the public deficit and the deficit.