Governists criticize urgency to overthrow IOF

by Andrea
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In defeat to Haddad, Câmara approved the request that revokes the Lula government decree to increase the tax by 346 votes in favor and 97 against

Governing deputies criticized the decision of the Chamber of The Urgency Request of the PDL (Legislative Decree Project) 314 of 2025, which revokes the Government Decree that increased the IOF (Tax on Financial Operations). The proposal this Monday (16.jun.2025) by 346 votes in favor and 97 against.

Now the proposal can be voted in the plenary at any time. The overthrow marks a defeat for Finance Minister Fernando Haddad, who articulated the increase in tax as a strategy to reinforce the collection and ensure balance in public accounts of 2025.

The Minister of Institutional Relations, Gleisi Hoffmann, put hot cloths about the defeat of the Lula administration. Said the measure does not “It shakes government confidence in dialogue with the legislature to approve the necessary measures to strengthen public accounts”.

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