Brazil Weighs Raising the Income Cap for Micro-Entrepreneurs

BRAZIL · ECONOMY Key Facts —The bill: Brazil’s Congress is weighing a plan to raise the revenue ceiling for micro-entrepreneurs. —The numbers: the cap could rise from R$81,000 (about US$16,000) a year to as much as R$145,000 (about US$29,000). —The change: micro-entrepreneurs would also be allowed to hire two workers, up from one. —The catch: […] The post Brazil Weighs Raising the Income Cap for Micro-Entrepreneurs appeared first on The Rio Times .

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