Haddad says IR exemption project should be well received at Congress

by Andrea
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Minister said that proceeding should be quiet due to his good acceptance and emphasized that the measure aims to promote tax justice, noting that former President Jair Bolsonaro had promised something similar, but did not comply with


Minister of Finance, Fernando Haddad

The Minister of Finance, recently announced a proposal that promises to exempt Those who receive up to $ 5,000 per month. According to Haddad, the project should be well received at Congress, with a quiet process due to its good acceptance. The government officially submitted the proposal, which does not yet have a defined path in Congress, and may pass a special committee or go straight to the plenary. Haddad emphasized that the measure aims to promote tax justice, noting that former President Jair Bolsonaro had promised something similar, but did not comply. The government leader in the House, Deputy José Guimarães, asked for calm during the project, despite his anxiety for his approval. He stressed the importance of awaiting the choice of rapporteurs and the definition of the process in Congress.

The exemption proposal is seen as a strategy for improving government popularity, which currently faces challenges. However, the financial market expresses seizure with the possibility of decreased collection and increased public indebtedness if the loss of revenue is not compensated for other measures. The income tax exemption proposal is considered popular and has the potential to increase government popularity, especially in an election year. However, there are concerns about the economic impact if accounts do not close. Opposition may try to modify the project, but the measure is seen as difficult to rejected due to its popular appeal. The discussion in Congress should focus on the paternity of the project and possible adjustments to ensure the compensation of the loss of collection, especially for municipalities that depend on the Municipal Participation Fund.

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