Government expectation is that this new rule starts to apply by 2026
The president revealed on Friday that next Tuesday (18), will present to Congress the project that proposes the exemption of income tax for people who receive up to $ 5,000 per month. This new rule is expected to start in 2026. Currently, the exemption ceiling is set at R $ 2,824, which means that many workers still pay taxes on their income.
During an event held in Sorocaba, Lula emphasized that the proposal aims to benefit workers who face discounts at the source of their salaries. “We will announce on the 18th that those who earn up to $ 5,000 will no longer pay income tax in this country. Because, in fact, who pays income tax in this country is who has a source discount, because there is no way to evade, ”he said.
“It is discounted on his payroll, but those who earn a lot sometimes do not even pay, always invent a mutrete not to pay. So what we want is to save the hardworking people from paying the income tax, while a lot of rich people. They don’t like it and really don’t like it. ”
“There are people who are very nervous about this Lula” who just want to take care of poor. ” And I want to take care, because those who need the state are the most humble people. The richest people don’t need the state, ”he added.
In addition to the income tax issue, the president also addressed the food price crisis. He has pledged to make the meat more accessible to the population, noting that as he exempted the tax on beef imports is already in force. This action aims to relieve the impact of high food prices on the budget of Brazilian families.
*Report produced with the aid of AI
Posted by Fernando Dias
