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Zepasta

I found this bloomberg article helpful: https://archive.ph/WnSNL

If it's correct, the minimum income tax bracket was raised so that no one owes income taxes unless their salary is more than $60,500 per year -- which, according to Bloomberg, is "a fraction of the workforce" in that country.

So not "abolished" entirely but since the majority of taxpayers won't have to pay, it's fair say it was abolished "for them" -- and "for now."

Also from the article:

> [The government] is attempting to recoup lost electoral ground by spending heavily. [They are] giving millions of informal workers handouts, increasing social security paychecks and upping salaries for public sector employees.

Sounds just like desperate politics. Cancel taxes, give everyone free money, and let the next guy in line deal with the consequences.