Brazilian Government will “absorb” $1,5 billion from people’s 'forgotten money' in the banks.
“After this Wednesday (16), the resources can be incorporated into the government coffers. Ministry of Finance says measure is not confiscation”
But it is.
The Brazilian government is one of the most efficient in tracking money from the population and collecting taxes, but one of the most inefficient in returning. This discrepancy is probably intentional. Opt out.
