Lula is right to celebrate the end of the tax for low-income earners, his biggest promise.
In this sense, Lula produced a revolution through thankfully peaceful means. A revolution that will remain as the great legacy of his third term.
The address that President Luiz Inácio Lula da Silva will deliver to the nation this Sunday comes at a time of remarkable convergence between social justice and economic confidence.
The recent presidential approval of the law reforming the Income Tax table represents a historic victory for the working population, a measure with direct impact and a demonstration of the government's ability to negotiate. Enacted on November 26th, Law 15.270/25 is an initiative that overcame long-standing resistance and ultimately prevailed, being approved by unexpected unanimity in the National Congress.
This achievement is reflected in concrete numbers: the total exemption for those earning up to five thousand reais per month and the progressive discounts for incomes up to 7.350 reais will benefit approximately 15,5 million Brazilians, significantly increasing their purchasing power. To balance the system, the law establishes, for the first time, a gradual taxation for high-income taxpayers, those who receive 600 thousand reais or more annually, affecting about 140 people.
It is worth highlighting: Lula's action reverses, for the first time, the age-old logic of a cruel tax system that benefits millionaires and enslaves workers, producing misery among those who strive the most while encouraging the privileges of a frequently idle caste.
In this sense, Lula produced a revolution through thankfully peaceful means. A revolution that will remain, in both idea and number, as the great legacy of his third term.
Finance Minister Fernando Haddad emphasized that the new legislation makes the system "simpler, more progressive, and aligned with the contributory capacity of each group."
This scenario of social transformation is supported by a robust macroeconomic environment, symbolized by the exceptional performance of the stock market. The Ibovespa, the main index of the Brazilian stock market, has reached successive historical records, closing the month of November above the 159-point mark, with a 32,25% increase for the year. This remarkable performance is a clear indicator of the confidence of national and foreign investors in the Brazilian economy. Analysts attribute this optimism to the solidity of the country's economic fundamentals.
The confidence reflected in the stock market figures is echoed in the daily lives of Brazilians. The job market is experiencing its best moment, with full employment. The unemployment rate is 5,4%, the lowest level since the beginning of the historical series in 2012.
One of the pillars of the recovery was the reconstruction of essential social programs. In the first 100 days of government, the Bolsa Família program was reinstated with a minimum value of R$ 600, supplemented by an additional R$ 150 per child up to 6 years old, benefiting 21,1 million families with an average value of R$ 670,33, the highest in the program's history. Simultaneously, the average 36,4% increase in funding for school meals, raising the budget from R$ 4 billion to R$ 5,5 billion, reinforced the fight against food insecurity.
The set of measures adopted since the beginning of the administration – which also includes the resumption of the Minha Casa, Minha Vida program, the reactivation of the Amazon Fund, and the enhancement of education with increases of up to 200% in scholarships and research grants – has created the foundation for this virtuous cycle of development.
This Sunday's announcement, therefore, is not an isolated event. It crowns a national project that has demonstrated, in practice, that it is perfectly possible to reconcile robust economic growth with the reduction of inequalities and the promotion of social justice. These are achievements that restore hope to the country and the certainty that Brazil has returned to growth—and growth for everyone.
