Tax on great fortunes in Brazil: for an equitable tax system

Abstract

This article seeks to analyze the complexity of the current Brazilian taxation model, its main inequities, and its scope on the issue of social inequality, which excludes a significant number of people from accessing countless social rights. It has as objective to defend the feasibility of regulating and implementing the Tax on Great Fortunes (TGF), predicted in the Brazilian Constitution. Based on a systematic reading of the Constitution, the study concluded that, in order to build a fairer and more egalitarian society, Brazil needs to reformulate the Tax System. Such reformulation must count on progressive tax rates and a system that respects the contributory capacity of all, without, however, hurting the existential minimum, which includes the regulation of the TGF as a tool to mitigate the persistent inequalities in the country.