President Luiz Inácio Lula da Silva criticized this Friday (10) the decision of the National Congress to remove the provisional measure from the voting agenda (MP) that would tax income from financial investments and sports betting and compensate for the repeal of the decree that provided for an increase in the Tax on Financial Operations (IOF).
“We send a bill after being agreed in the National Congress for people who earn more than R$600 thousand and more than R$1 million to pay a little extra, so that fintechs pay a little more, so that bets pay a little more. And they vote against it.”
The speech was made during the ceremony of launch of the new model of real estate credit, in São Paulo.
Understand
The MP needed to be approved by last Wednesday (8) to not lose its effectiveness. With the withdrawal of the agenda, presented by the opposition, the text expired. The original version proposed the taxation of billionaires, banks and bets (electronic betting companies) as a way to increase revenue.
The idea, for example, was to tax the gross revenue from bets at a rate between 12% and 18%, in addition to taxing financial investments, such as Agricultural Credit Letters (LCA), Real Estate Credit (LCI) and Development Letters (LCD), as well as interest on equity.
The initial forecast was to raise around R$10.5 billion in 2025 and R$21 billion in 2026. With negotiations, the projection fell to R$17 billion. The text also provided for a cut of R$4.28 billion in mandatory spending.
