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Portugal pauses audacious plan for decade of tax breaks for young people
Measure designed to stem brain drain is pulled from budget at last minute amid conflict between coalition partners
Portugal has paused plans intended to stem the country’s brain drain by offering young people a decade of progressive tax breaks that would have seen them paying nothing at all in their first year of work.
The proposal, advanced by the centre-right minority government of Luís Montenegro, had been one of the most eye-catching schemes in Portugal’s 2025 budget.
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