The picture is getting more and more clear. Brazil has laws that mandate a holiday on voting day, and there is a fine if you fail to vote. On the surface, one might think this is a good policy, as it gets people involved. If you dig deeper, you see that you are forcing higher cost of labor (very similar to higher corporate taxes), lowering production, lowering salaries, etc. Also, shouldn’t there be an intellectual incentive to vote instead of a criminal incentive. Interesting stuff!
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