Online shopping: 18% of those earning up to 2 minimum wages purchased with a US$50 exemption

Online shopping: 18% of those earning up to 2 minimum wages purchased with a US exemption
Only 18% of the population with an income of up to two minimum wages made international online purchases of products with an exemption of up to US$50. In the income range above five minimum wages, this percentage increases to 41%. The data was released by the National Confederation of Industry (CNI).

According to the information, 24% of people said they had made international purchases, through websites or apps, of products that came from other countries in 2023 and 73% said they did not do so.

In this scenario, the president of the CNI, Ricardo Alban, highlights that it is clear that the exemption from taxes on purchases of up to US$50 does not favor people with lower incomes, and consequently, they are the ones who will “suffer” most from unemployment. and the lack of opportunities with business losses in Brazil.

Currently, purchases of up to US$50 are exempt from the 60% Import Tax, paying only 17% ICMS for Brazilian states.

Unemployment

With the loss of sales to less taxed imports, national industry and commerce no longer employ 226 thousand people.

According to the CNI, the sectors of industry and commerce that face the greatest impacts on employment are those whose products are most purchased in imports for up to US$50 dollars.

“These sectors include the manufacture of textile products, manufacture of clothing and accessories, manufacture of footwear and leather goods, manufacture of cleaning products, cosmetics, perfumery and personal hygiene, and manufacture of furniture and products for various industries” , points out the CNI.

Furthermore, the data shows that more than 80% of workers employed in the sectors most impacted by the tax exemption receive up to two minimum wages. Women make up 65% of the workforce in these sectors, compared to the national average of 40%. Therefore, those mainly affected by the reduction of jobs in these sectors are those with lower incomes, especially women.

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The data comes from the unprecedented survey of the National Confederation of Industry (CNI) in partnership with the Institute for Research in Reputation and Image (IPRI), from FSB Holding. The study interviewed two thousand people across the country between May 17th and 20th.

Read more:

Indices from all geographic regions show confidence among industrial entrepreneurs, reveals CNI

Entities from the Brazilian productive sector support PL that revises tax exemption on imported goods

By Brasil 61

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