Taxes break new record

The total taxes collected by the different levels of government in Brazil reached amazing 37.37 percent of the Gross Domestic Product (GDP) last year, according to a release made today by the Brazilian Federal Revenue Agency. It's a new record for the country, which had registered a percentage of 35.88 percent of GDP in taxes in 2004. Simply amazing, given the lack of infrastructure and services received by the population in exchange for this taxation.