The Aporia
Brazilian President Luiz Inácio Lula da Silva's government announced new fuel tax cuts and extended existing subsidies on Friday to lower fuel prices, just over two weeks before the October 25 presidential runoff election. This decision is aimed at addressing a sensitive issue for voters who will choose between Senator Flávio Bolsonaro, son of former President Jair Bolsonaro, and Lula, who seeks his fourth, nonconsecutive term in office. In the first round of voting on September 3, Bolsonaro received about 2 million more votes than Lula, making the runoff highly competitive.
Fuel prices are a particularly sensitive issue for voters, who will decide on Oct. 25 whether to elect Sen. Flávio Bolsonaro, a son of former President Jair Bolsonaro, or grant Lula a fourth, nonconsecutive term.