On Tuesday (6), the House of Representatives is focused on the Special Committee to Exempt Income Tax for those who receive up to $ 5,000 per month.
The Chairman of the Board of Directors will be the PT-MA deputy. The course will be with Arthur Lira (PP-AL), the former head of the house.
The project was sent to the National Congress by the government of President Louise Insio Lula da Silva (PT) in March this year with a constitutional urgency, or 45 days of analysis.
However, on Monday night (5), the government decided to request the removal of insistence on the project. Consequently, there is no specific deadline for the text that will be analyzed by the plenary session of the house.
In addition to the exempt income tax for those who earn up to $ 5,000 a month, the project indicates the creation of a tax for those who earn more than $ 50,000 per month to compensate for the loss of revenues that the IR exemption will achieve.
The agenda is a priority Minister Fernando Haddad Economist (Farm) and the main promises of the campaign Lula.
according to CNN Show, with Lira in the course, The farm expects that the processing of the proposal is gaining light movement at home, The former president has a strong effect on the agenda.
What does the project say?
The federal government suggested partial exemption from income tax for taxpayers with monthly income between $ 5,000 and $ 7,000. With the suggestion, this income range population will be discounts of up to 75 % on the tax.
Here is how to pay IR according to the draft law:
- Up to $ 5,000: Total income tax exemption;
- From 5,000 dollars to 7,000 rupees: partial exemption from income tax;
- Higher than 7 thousand dollars: naturally applying the progressive table (no changes).
To compensate for the loss of revenues that will bring the increase in the exemption, the government suggested establishing a tax of at least 10 % for those who earn more than $ 50,000 per month, equivalent to $ 600,000 a year.
The idea of the federal government is that the minimum tax will be applied gradually until it reaches 10 %. Establishing a new tax to compensate for the IR exemption is the largest point of disagreement in the House of Representatives today.
