Zero Day Tax: What is it?

Ouro e Dólar

In memory of the Free Tax Day, Zero Day is being celebrated today (05/30) in protest of the high tax burden. Companies from various segments across the country are offering their products without charging taxes.

Among 30 countries, Brazil is the 14th that collects the most taxes, positioned in last place for the country that returns the money. Our tax burden is among the highest in the world, accounting for 42% of each citizen's gross income. The population works 153 days to pay the taxes - altogether until today  a total of R $ 999,7 bi in taxes has been disbursed this year. If this amount were put into savings, it would yield R $ 8.03 per hour. Check the difference of values of some products in Brazil and USA:

Chevrolet Camaro: The most basic version in the United States starts at $ 25,995, while in Brazil it sells for $ 328,990.

Champagne Veuve Clicquot Brut: easily found at Target, Walmart and Walgreens for $ 30.00, here in Brazil you may have to pay up to $ 350.00.


MacBook Pro 2019: on the US Apple website is between $ 1,249.00 to $ 2,599.00, while in Brazil it ranges from $ 11,699.00 to $ 24,599.00.

Johnnie Walker Blue Label: it can be found abroad for around $ 184.99, whereas in Brazil it can cost a whopping $ 977.76 in the online markets.

Posted in: 05/29/2019

Last modified: 08/07/2025

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