Provisional measure published with progressive adjustment of income tax.
The Official Gazette of the Union published today the provisional measure that corrects the Personal Income Tax (IRPF) table according to the taxpayer's income bracket. The publication is the result of dialogue between the government and the National Congress. According to the government leader in the Chamber of Deputies, Federal Deputy José Guimarães (PT-CE), "the base is aligned and willing to support the government in the votes this week," he stressed after a meeting with the base leaders.
Ceara 247 - The provisional measure that corrects the Personal Income Tax (IRPF) table according to the taxpayer's income bracket was published this Wednesday (11) in the Official Gazette of the Union. From April 2nd, four correction brackets of the table will come into effect, which is only valid for tax returns for next year.
The publication is the result of the government's dialogue with the National Congress, says federal deputy José Guimarães (PT-CE), government leader in the Chamber. Yesterday (10), while Finance Minister Joaquim Levy opened the way for the vote on the agreement in the Federal Senate, Guimarães secured the support of the allied base in the Chamber of Deputies. "The base is aligned and willing to support the government in the votes this week," Guimarães stressed after a meeting with the leaders of the Dilma government's base.
Agreement - The approval of the provisional measure by Congress implies a tax waiver of R$ 6 billion, according to analysts from the ministry. The adjustment of the income tax table by 4,5% this year, the government's original proposal, would result in a tax waiver of R$ 5 billion, while the adjustment of the entire table by 6,5%, proposed by the opposition, would imply losses in the order of R$ 7 billion.
"The important thing is that there was a collaborative effort with Congress, within the country's fiscal capacity during a time of fiscal adjustment, but I think we concluded with a value that is manageable," Levy assessed after a meeting last night with the president of the Federal Senate, Senator Renan Calheiros.
Surplus - According to Minister Joaquim Levy, the government will "find resources throughout the year, without failing to meet the fiscal target." "We will certainly find ways within our financial planning. Without failing to meet our target, we will make the necessary effort to allow this movement," the minister declared.
The government's goal is for the country to achieve a primary surplus of 1,2% of GDP, or R$ 66,3 billion, for the entire public sector in 2015.