The (new) government has submitted to the Legislative Assembly a project that provides to increase the to R $ 25.2 billion in 2026, an election year in which it aims to be a candidate for the presidency of the Republic.
The level represents 21.3% of the total net revenue projected for the state next year. It is also a real increase (above inflation scheduled for the year) of 10% compared to R $ 21.8 billion projected in the 2025 budget.
The proposal to increase in waivers is included in the LDO (Budgetary Guidelines Law) sent by the government and which was approved this month by state deputies of Minas. The text awaits the governor’s sanction.
Zema, who was named after her before becoming governor, makes a point of saying in speeches that her government is close to the business community and that your phone is available to the executives of the companies that invest in the state.
This relationship made him back back at the time the Trump government announced 50% rates for Brazilian production exported to the United States.
At first, he stated that the blame for the new tax was from President Lula (PT), the first lady Janja Lula da Silva and the Supreme Court (STF).
Hours later, after being, the governor stated that the measure is wrong and unfair and would penalize all Brazilians.
In a new sign to the business community, it marked it to August to the Planalto Palace at an event at the headquarters of AMCHAM (American Chamber of Commerce for Brazil), in São Paulo.
The increase in revenue renunciation was criticized by deputies of Zema’s opposition, who question the lack of transparency about the reason and recipients of these benefits.
At the end of May, at an audience at the Assembly, the deputy governor, Mateus Simões (Novo), who occupied the management of the state due to Zema’s trip, said that tax concessions are not a favor to business, but admitted that the lack of transparency bothered him.
“I have horror, I will even use a stronger word, disgust of secrecy. I think tax secrecy and bank secrecy is a counter-factor that was placed in our constitution. We only protect the evildoer.”
He made a commitment to formulate a study to replicate the federal government model to publicize the biggest renunciation beneficiaries and promised a meeting until the following month to submit the proposal to the deputies – which never happened.
Asked about the matter last week, Simões stated that the Secretariat of Finance should be questioned about the plans.
Sought, the folder said it has prepared studies to evaluate the dissemination of incentives, but came to the conclusion that the strategy would not be adequate and could impact on employment in the state.
“The tax administration understood that the publicization of strategic data on the tax benefits policy of Minas Gerais, without due basis, especially due to the absence of a legal instrument of national reach, can generate risks to the already delicate economic stability of the state,” the secretary said in a statement.
The folder also said that tax policy represents an attraction and commercial incentive to achieve results in job creation and income increase.
