PL deputy said he voted wrong because he was taking care of his newborn daughter
The federal deputy (PL-MG) declared, on Wednesday (8.Oct.2025), that he was confused and made a mistake when voting against the IOF MP (Provisional Measure) (). The text had been presented by the president’s government (PT) as an alternative to the increase in the IOF (Financial Operations Tax) and after the Chamber of Deputies voted on Wednesday (Oct 8) to remove its consideration from the agenda.
The government will stop collecting R$31.4 billion in 2025 and 2026, money that would be used to fund other initiatives, such as the advancement of social programs.
The deputies approved the withdrawal of the MP’s agenda from the plenary. Therefore, the merit of the measure was not analyzed. Like the measure, it will not be able to be analyzed in another session. It would still need to pass through the Senate.
The PL was the party with the most votes for the overturn of the text. There were 73 votes against the MP. Only the deputies (PL-SP) and Nikolas Ferreira voted against removing the MP from the agenda.
On his profile on X, Nikolas said he voted in favor by mistake, as he was taking care of his newborn daughter, Serena. “I campaigned against [a medida] the day all,” he stated. “Taking care of my newborn daughter here, I got confused and voted wrong.”he declared. “But, thank God, it was removed from the agenda.”these.
MP DO IOF
MP 1,303 of 2025 was published in June to compensate for the loss that the government had in a clash with Congress over the increase in the IOF (Financial Operations Tax).
As this part of the IOF was out of reach, Lula and Fernando Haddad sent the MP to Congress to compensate for the loss of revenue. Provisional measures have the force of law, but must be approved within 120 days or they lose their validity.
In the original proposal, the government estimated R$12 billion in 2025 and R$31.2 billion in 2026. With the exclusion of withdrawn risk, the projections fell to R$11.55 billion in 2025 and R$27.7 billion in 2026.
These values, however, will change. The exact value is not yet clear, but there will be a loss of billions of reais in 2026 (less revenue and fewer containment measures). The text approved by the special commission that analyzed the text on October 7, 2025 came out dehydrated.
HOW IT WAS X HOW IT WAS
What were the main points of the MP:
- LCI is LCA – increase IR (Income Tax) on fixed income investments, such as LCA (Agribusiness Credit Bill) and LCI (Real Estate Credit Bill) to 5%;
- bets – increase in the tax rate on the gross revenue of betting companies from 12% to 18%;
- JCP (Interest on Equity) – increase from 15% to 20%.
How the text approved by the special committee turned out:
- LCI is LCA – exempt;
- bets – tax burden maintained (without the increase proposed by the government);
- JCP – rate of 18%. The operation is used by large companies to remunerate shareholders and pay less taxes;
- fintech – 15% rate.
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