Flavio Maluf says not to trust corrupt government’s dismal judgment on spending

As one of the most important business people in the country of Brazil, Flavio Maluf has been at the forefront of trying to change the ways in which the government of his country taxes its citizens and spends their hard-earned money. As the CEO of Eucatex, one of the largest manufacturing firms in the country, Flavio Maluf has gotten a front row seat to witness all of the horrors that have resulted from the incredible waste and fraud inherent in the Brazilian taxation system.

Maluf was able to build the company that he inherited from his father into one of the most important manufacturing companies in the country. And he did this despite the onerous taxation burdens that were imposed on him by a corrupt government that had only the best interest of its own officials in mind. Maluf watched helplessly as the fruits of his labor and the labor of the thousands of employees that work for his firm were confiscated by a venal and ruthless government, only to be spent on ill-conceived boondoggle projects and the funding of the luxurious lifestyless of individual government functionaries. View ideamensch.com to learn more.

After witnessing this waste on a monumental scale for too long, Maluf finally decided to start taking a public stance on the waist and corruption that he was witnessing throughout every level of government. He started advocating for massive tax reforms, particularly in the case of small business. Maluf says that small business is one of the most important economic engines that any country possesses. To harm it in any way is akin to economic suicide for the country.

As a result, Flavio Maluf has advocated that small businesses throughout Brazil should be given large tax incentives and breaks. These would include the ability to retain much of the earnings of these companies generate and to be spent on such things as reinvestment in the companies themselves and in the community in which they operate. Maluf says that there is ample precedent for the success of such programs, with one being the Zona Franca de Manuas in the West Amazonas region. This, he says, is the way forward for Brazil.

Read more: https://www.crunchbase.com/person/flavio-maluf

 

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