Marinho says the package will include taxation of the super-rich and exemption from income tax up to R$5,000

by Andrea
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“(It will be) everything. Super salaries, tax for the super rich, everything is coming. Complete package”, said Minister of Labor

BRASILIA (Reuters) – Labor Minister, Luiz Marinho, said that the fiscal package that will be announced on Wednesday night by Finance Minister, Fernando Haddad, will include taxation of the super-rich and exemption from income tax for people who earn salaries of up to 5 thousand reais.

At a press conference in Brasília about the numbers from the General Register of Employed and Unemployed Persons (Caged) released earlier, Marinho also stated that the content of the package that will be announced by Haddad was being discussed.

Asked by journalists whether the IR exemption will be in the tax package, Marinho replied: “(It) will be everything. Super salaries, taxes for the super rich, everything is coming. Complete package.”

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Marinho says the package will include taxation of the super-rich and exemption from income tax up to R$5,000

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Without detailing how the measures will be implemented, the Labor leader said that it will not be a “pure and simple” cost-cutting package and that no changes will be made to the rules for granting unemployment insurance.

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