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last mo.

Most Brazilians Say New Income-Tax Exemption Didn’t Benefit Them, Genial/Quaest Finds

A February survey points to modest perceived income gains after the January tax change, suggesting limited political return for a signature Lula initiative.

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Overview

  • Genial/Quaest reports 67% say they were not directly benefited by the new exemption and 30% say they were, based on 2,004 interviews conducted Feb. 5–9 (±2 pp, 95% confidence; BR-00249/2026).
  • Among households that noticed any effect, 15% reported a significant income rise in January, 32% saw a small increase, and 50% felt no difference.
  • Perceived benefit is lowest in the Northeast, where 74% say they were not helped, and is also lower among women (70% not helped) and lower-income groups earning up to two minimum wages (74% not helped).
  • Government standing shows little movement as the negative evaluation holds at 39% and overall approval edges down from 47% to 45%.
  • The law exempts income up to R$5,000 per month with a progressive discount to R$7,350 and a surcharge above R$600,000 a year; economist Bruno Carazza estimates roughly 15 million beneficiaries and 140,000–150,000 very high earners absorbing part of the cost.