Yes, you’re looking at ~92% tax right there. Final price jumped from ~113 dollars (584BRL) to ~220 dollars.
EDIT: A bit of clarification, when buying from abroad there’s a flat 60% federal tax if the thing + shipping price surpasses 50 dollars. Then there’s a state tax that can vary between 17-25%, which goes on top of the total taxed value. Part of the tax is literally “tax of a tax”
Haddad is continuing the very same policy of the two previous far-right governments. This is not protectionism, its a very aggressive “debt ceiling” designed to divest from public services in favor of private ones. Meaning he also has to tax the shit out of poor people to make it happen. He also struck a deal with the borgeois resellers to make their shitty chinese imports more attractive.
Hes also facilitating private businesses to take over prisions, healthcare, etc, just like in the US.
Lula’s goverment is NOT far-left by FAR despite his or bolsonarists clams. He’s problably more akin to Biden than any far left govmt nowadays.
Idk why you are down voted. He made deals with famous websites/sellers, PPPs. And Lula’s government never was far left. Lula always tried to satisfy both parties. He does politics very well in that sense, better than any other president. That’s where’s Haddad’s enters with recent programs. Who benefited the most from the car discount? Cars up to 120k. The max property value of housing program went from 200k to 400k. Why the government is giving subsidy to people in the middle/upper class?