"We have also just approved legislation which earmarks 75% of all petroleum royalties to education, and 25% to health services." If Brasil can do it, what about us?
Here in the UK about 75% of the price of a litre of fuel goes to the government anyway.
When you refer to "going to the government" do you entail going to the people because if you do so it is a fallacy. Dilma Rousseff meant in people's benefice. When most revenues go to the government, it is favoring the corporations' pockets not ours.
Again I doubt that 75% of the petroleum royalties go to the people in UK otherwise the social fabric would be different than it is.
Taxes collected go towards running the country.
National health service
I must agree that some of the governments policies do favour the big corporations and of course the tax system will always favour those same corporations.
I have worked out my personal tax burden comes to about 48% of my income.
48% of your income and what do you see in return?
In the US the individual's share equals 46% whereas the corporations' barely reaches 11%. It is scandalous that our dimes go towards financing wars that we disagree upon or budgets that don't insure our happiness.
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Before you re-assign it, where does it go now? To hungry kids in school? To welfare lines? To sewer plants, to contain disease and plague? To the cop on the beat outside your home or school? To the road that brings in your groceries? To give you drinking water?
What would you be giving up to put more wasted money in the schools?
I was only referring to the oil royalties, we have plenty of natural resources that the private sector is exploiting and that the government neither tax, neither control. I hardly believe that we the PEOPLE gave our tacit agreement to whom who had the capital to exploit our natural resources without taxing them, and without redirecting those profits in the people's pockets instead of the Oligarchs'.
Wilderness, don't pretend that our people is privileged when it comes to redistribution. If it was so we wouldn't be slacking in ranking.
Once again why Brazil is implementing such a policy and why aren't we?
In two years, Brazil lifted 22 million Brazilians out of poverty? What can Brazil do in 2 years that Bush or Obama couldn't in two terms?
Brazil's state oil company, Petrobras is managed by the government, and operated as a quasi-private company. It sells stock, but 64% of the company is owned by the Brazilian government. Brazilian President Dilma Roussef's previous job prior to becoming President of Brazil was Minister of Energy, in which she was effectively in charge of Petrobras.
That is exactly why people demonstrated against her government. However, in her UN statement she is heading towards reinforcing socialist measures in her mandate. Brazil seems to follow Venezuela, Argentina in their will to better the lives of their people.
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