Mestre em economia pela Universidade de São Paulo (USP) e pesquisador do Centro de Pesquisa em Macroeconomia das Desigualdades (Made/USP). Master's degree in economics from the University of São Paulo (USP) and researcher at the Center for Research on Macroeconomics and Inequality (Made/USP).

August 1, 2025

Analysis

Lula’s Fiscal Cage

The winners and losers in Brazil’s new tax regime

, Lucca Rodrigues

Among the factors securing Luiz Inácio Lula da Silva’s victorious return to power in the 2022 Brazilian presidential elections, the most important was the promise to increase government spending. But two years later, disputes over the public budget already show…