The house approves the exemption of income tax for those who earn up to $ 5,000 and taxation for the richest

The house approves the exemption of income tax for those who earn up to $ 5,000 and taxation for the richest


Bill received support from Centrão and part of the right and was approved with a high score of voting with high quorum; The text now goes to the Senate

Brasilia, the plenary of the Chamber of Deputies approved on the night of Wednesday 1, the basic text of the bill that expands the exemption from Income tax For those who earn up to R $ 5,000 – promise of the president’s campaign Luiz Inácio Lula da Silva. As a compensation to the exemption at the base of the pyramid, the text contributes to high income.

The text received the support of the Center and from the right and was approved with a score of 493 votes in favor, in unanimous approval. All the parts, including the opposition, have led favorablely to approve the text.

The bill should also follow the Senate before being brought to the presidential sanction. If approved, the measure is valid in January.

The PT plans to use the size as a showcase in the elections next yearSince it can benefit from about 16 million people. In addition to the $ 5,000 ensemble, the project also provides for the partial exemption of those who receive up to $ 7,350.



The initial cost of the measure was $ 25.8 billion per year, but was collected at R $ 31.2 billion after the speaker of the project at home, Vice Arthur Lira (PP-AL)Increases the installment of taxpayers with discount discounts from R $ 7 thousand (original agriculture proposal) to $ 7,350 and make concessions to agri -food agro and high income taxpayers.

“This is not a topic. It will reach almost 16 million Brazilians. It is the first step to correct the tax and social distortion of people who receive the minimum,” said Arthur Lira just before the vote.

Minister Gleisi Hoffmann, head of the political articulation of the government, accompanied the vote inside the plenary of the Chamber. He said it provides a quick senate.

“I saw a great receptivity to this project from the senators,” said Gleisi. “After the National Congress voted for the tax reform on consumption, bringing efficiency, the Chamber also thinks that it must start having an response to tax on tax and property”.

The main source of compensation is the Taxation on the richest with a minimum income rate. It begins to focus on those who have an income greater than $ 600 thousand per year (R $ 50 thousand per month) and reaches 10% on those who earn $ 1.2 million or more per year (R $ 100 thousand per month).

The topic of the economic team is that About 141 thousand high -income taxpayers They will be taxed as they pay less IR – on average, 2.54% – compared to middle class workers, such as the police and teachers, with an effective rate of over 9%. This is, according to IRS, because taxpayers have access to exemptions that reduce taxation on their income, such as dividends.

Therefore, everything Payments of dividends above $ 50,000 monthly will be taxed by 10% at the source. If the taxpayer is not framed as a high income or already pays the minimum rate for its income range (See Estadão calculator below)The tax will be returned the following year, in the refund of IR.

In your relationship, Lira also served taxpayers high income, removing from the calculation for the calculation of what is the taxable income from rural producers and financial investments.

The change made by lira in relation to the original text of the farm has excluded the “income free from” rural activity “called from the sum of the income that will serve to frame the taxpayer as a high income. This represents 80% of the revenue obtained by the rural producer – only 20% is the tax base.

Lira also excluded the gains of the calculation base obtained with financial investments, such as Lcis, Lcas, Cris, Cra, meetings, encouragement and infrastructure investment funds (FIP-SI).

The deputy made another innovation in the proposal that came from the government: he set in his report that dividends deleted and launched by December of this year are exempt from 10%tax, provided that they are paid by 2028.

Changes in the final section

During the negotiations for the plenary vote, Lira added other changes to the text proposed by the Ministry of Finance. There was pressure from the deputies for the change of compensationBut the initiative was not ahead.

Lira included, however, the forecast for, within a year, the executive sends the National Congress an invoice to update the Table of income tax for people. The suggestion was requested by the new and the PSB, so that the mandatory update was not led to the separate vote.

There was a sentence by the representatives of the companies listed on the amount that saves on dividends foreign investors, but the request was not satisfied. The project provides that individuals and legal entities residing abroad have divided over $ 50,000 R of $ taxed monthly by 10% at the source.

Lira has also added changes to university owners who offer their own study scholarships. The text states that the amount spent for the scholarships of the Prouni is considered the tax paid in the calculation of the actual tax rate of the legal entities that have joined the program, which can reduce the tax accident on the dividend of partners.

The amounts collected in commissions and other payments that are sent to the courts of justice has also ignored the calculation of notaneous income.

Finally, Lira incorporated a measure to try to compensate the states and the Municipalities in the IR collected by their servers who earn up to $ 7,350.

For Gilberto Perre, executive secretary of the national front of the mayors (FNP), however, the changes made in the text do not compensate for subnational entities, in particular as regards the payroll. Estimates that the municipalities will have $ 4.8 billion losses with Folha.

“Neutrality in the collection of subnational entities is not guaranteed with the text released. We are mainly worried about the payroll, not the fluctuation of the backgrounds. If approved in this way, we will try to change the text in the Senate,” he said.

Source: Terra

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