#4 Import taxes (i.e. tariffs)

The price of consumer durables in Brazil is more expensive than in any other large market in the world–hands down.¬† This does not seem to jive with the plight of the median Brazilian, who earns somewhere around $1000R ($600US) a month (minimum wage is about $550R a month. If anything, purchases of goods that can abet social and economic advancement, such as computers, should be subsidized. Yet Brazil’s tariffs average close to 30 percent on a number of items, items which are even exempted from the regional Mercosur tariff-reducing...

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