The Minister of Planning and Budget launched the book “O Voo das Borboletas” on Wednesday (27.Nov.2024), in Brasília
Focused on the launch of her new book, “Flight of the Butterflies”, the Minister of Planning and Budget, , did not participate in a meeting of government leaders for . The measure, which includes exemption from (Individual Income Tax) for those who earn up to R$5,000 and an increase in taxation for those who receive up to R$50,000 per month, was announced on Wednesday (27.Nov.2024) by the minister (Farm).
Tebet was there for the first launch event of the work, on Monday (Nov 25). The former president (MDB) was present. Then, the minister went to Brasília, where she presented the book at the Senate Library, on Wednesday (Nov 27). Both ceremonies included autograph sessions.
In the meetings at Palácio do Planalto that culminated in the announcement of the spending review package and fiscal measures, Tebet was represented by the executive secretary, Gustavo Guimarães.
The minister said, on other occasions, that Brazil “spend a lot and spend badly”. Tebet’s team was tasked with drawing up a list of measures to structurally attack spending. Much of what was presented by Planning, however, was not included in the package presented by the government.
Government will exempt income tax up to R$5,000
The Minister of Finance, Fernando Haddad, confirmed on Wednesday (Nov 27) that the president’s government (PT) will exempt anyone earning up to R$5,000 per month from IRPF. To offset the fiscal impact, the PT administration intends to increase taxes on those earning more than R$50,000.
Haddad made a speech on national radio and television lasting 7 minutes and 18 seconds in which he announced the main points of the spending review package and fiscal measures that will be implemented with the aim of providing relief of R$70 billion to the government’s coffers. government in 2025 and 2026.
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