Fiscal policy and IOF aggravate wear in the relationship between government and congress

The federal government’s initiative to increase the financial operations tax (IOF) for a series of transactions has become a new wear and tear on the course of fiscal policy between the executive and the legislature.

Despite the partial retreat of the farm, the negative reactions continue. It was political arguments, the measure was also criticized for placing IOF as a collected tribute – rather than regulatory. The economic team estimated a gain of about $ 61 billion with the new collection format by the end of next year.

Even close to Planalto, the president of the Chamber of Deputies, Hugo Motta (Republicans-PB), publicly criticized the government, saying that Brazil does not need another tax.

He also said that the executive could not later, at an event of the National Confederation of Industry (CNI), said it was a “convinced defender” of fiscal responsibility.

While Motta complains about the decree, almost 20 projects in this regard have been filed since last Thursday (22),

It also helped to sour the climate of the minister about Brazil to live a “almost parliamentarism” in an interview with the newspaper O Globo released over the weekend.

The governors, in turn, argue that if the whole decree falls, the Plateau may have to contain more expenses, and this could reach a larger portion of parliamentary amendments – all that deputies and senators do not want.

PT leader in the House, Lindbergh Farias (RJ), was one of those who reinforced that, if the

The ruling base argues that the discharge from discharge for domestic fund investments abroad was “enough” to calm the spirits, but the economic team still studies how to compensate for this change.

“We have until the weekend to decide how to compensate. If with more contingency or with some replacement,” said Haddad.

Governors speak in the possibility of new cuts in the order of $ 20 billion. Areas such as social programs, health and education could be reached.

Motta should talk better about projects against the increase in IOF with colleagues at this week’s next leader meeting. Still, Lula’s allies argue that it is “zero” the chance of a text in this sense to be voted on in the coming days.

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