In the evaluation of former BC (Central Bank) president Roberto Campos Neto, the IOF (Financial Operations Tax) is not a tribute to the rich and its increase can cost the entire production chain.
“It is not true that [o IOF] Be a tax for rich. This does not resist a simple cost account for a small credit operation. Impacts the whole chain and makes the production process distort and distorts, “he said in an interview published by the newspaper Folha de S. Paulo on Sunday (6).
Campos Neto transmitted the BC leadership to Gabriel Galipolo on January 1 this year. After compulsory quarantine period, he assumed, on the 1st, the position of vice president of the Board of Directors and Global Chief of Public Policy at Nubank.
Throughout the conversation with Folha, Campos Neto also classified IOF as “a very bad tax”.
“It cannot be said that the earnings of credit is upstairs. It is important to say that from now on I will be a person in the private world,” he added.
Last Friday (4), the IOF crisis gained a new chapter. Minister Alexandre de Moraes, of the Supreme Court (STF), suspended the acts of the executive and the legislature about the increase of the tax and called a conciliation hearing between the powers.
Left has “obsession with inequality”
Asked how he sees the political scenario of Latin America, Campos Neto evaluates that there is a right wave in the region.
“There is something symptomatic of leftist regimes in the world, which is being questioned. I strongly believe in the axiom that says that when the government grows, the freedom of society decreases. Left ideologies have an obsession with equality and not decreased poverty,” said the former BC chief.
“Since equality is not a natural phenomenon, the government sells itself as necessary to correct the error,” he added.
Elections 2026
Campos Neto also denied that he can collaborate with a possible candidacy of the governor of São Paulo, Tarcísio de Freitas (Republicans), to the Presidency of the Republic in 2026.
“I just got into Nubank. In the last two years, they said that I was going to do all kinds of things, being a senator, governor, minister, living outside, who didn’t care about Brazil – which, incidentally, is not true. I always said the same thing. My area of interest is finance and technology,” he said.
“Tarcisio has repeatedly said that he will be a candidate for governor. Just for us to end this speculation, because I go to the private world. The answer is already given,” he concluded.
