The government leader in Congress, Randolfe Rodrigues (PT-AP), stated that the Ministry of Finance should present a new proposal this week to restore the budgetary space left by the rejection of the Provisional Measure 1,303/2025related to CNN Brazil.
The provisional measure, presented by the government in June, was an alternative to the increase in the IOF (Financial Operations Tax), which dealt with cutting expenses and the taxation of bets and banks, and which expired in the Chamber of Deputies.
According to Randolfe, the text being prepared by the Treasury should separate fiscal measures into two blocks: taxation and expense containment.
“We are going to separate measures relating to expenses from measures relating to taxation. I think it is even more educational to talk to Brazilians about this”, said the parliamentarian.
He explained that the new arrangement will seek to maintain the same line already debated between the government and Congress, but with specific adjustments and greater clarity about the sources of revenue and the reduction of expenses.
“We are adjusting the path. We have the paths that are there in the Chamber of Deputies, of bills being processed on this. There is the possibility of a government initiative, but the government will insist that banks and bets have to be taxed”, he stressed.
Randolfe stated that the Treasury should forward the proposals to Congress this week.
“This week, inevitably, the Treasury will present the measures as an alternative to what was rejected here. And I think it’s a good idea for the measures to be very separate — what is cutting expenses, which even the opposition agrees with, and what is taxation of bets and billionaires”, he pointed out.
The proposal should establish different rates depending on the type of betting house, with higher taxation for modalities considered more harmful to public health, such as casino games and platforms known as “Tigrinho”.
“Bet has to be taxed for public health reasons, not for government revenue reasons. It is necessary to tax bets and ban others. Some are taxed, others are more harmful to health, including debating bans,” he said.
He cited international examples and defended more robust taxation. “In the United States it is 50%. In the State of New York it is 51%. So it must be a package of measures, but separately”, he argued.
Randolfe highlighted that the government also intends to advance the discussion on taxing billionaires.
“Congress and society will say whether or not they want to tax bets, and even expand the debate on some that are harmful to health, whether the measure should be more than taxation, whether it should be a point higher — and whether billionaires can’t pay a little more. In Brazil, there are only 55. The people who have never been taxed in Brazil are these 55 billionaires”, he pointed out.
In the case of the cutting measures, the leader stated that the new text must return to points already approved by the joint committee of the rejected MP, preserving the consensus between the Executive and Legislative branches, as reported by CNN Brasil.
“We don’t want anything more than what has already been agreed upon by Congress. A set of cost containment measures has already been reached and approved in the joint committee on the provisional measure. Cost containment is not what we are talking about, it is the opposition itself that has been talking. So let’s look at these cost containment measures that have been agreed upon and we will move forward with nothing more than what has already been, than what has already been consensual and agreed upon in Congress itself. National,” he said.
He highlighted that the measures will be presented in a didactic and separate way, “to facilitate dialogue with Congress and society on taxation and public spending.”
Overthrow of the MP
At the beginning of the month, the plenary of the Chamber of Deputies removed the MP from the agenda with alternatives to increasing the IOF, and made it impossible to consider the matter, which lost its validity on the 8th. The vote had 251 votes in favor and 193 against.
The measure was the economic team’s bet to secure public accounts and deliver the fiscal result promised at the beginning of the year, with a zero deficit in 2025 and a surplus of 0.25% of GDP in 2026, the election year.
Now, Minister Fernando Haddad is racing against time to find alternatives.
Fonte Gaming365 – Brasil
