US Edition'Put Your Face': the Government's Offensive Against the Centre After Defeat in the Iof Mp
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4 Articles
Eleven of the twelve Vice-Presidents of the Box are under assessment and can be exchanged; the presidency, linked to Arthur Lira, must be seized
Government leader in the Chamber confirms that parties who voted against the measure will lose indications
The government of President Luiz Inácio Lula da Silva (Workers' Party) is expected to conduct another thorough review of positions appointed by the Centrão (Brazilian Center for Social Security) after party representatives voted to overturn the proposed alternative measure to the IOF (Tax on Financial Transactions). With this setback, the PT administration will lose R$17 billion in revenue by the end of 2026. The government has already fired sev…
Even before the government's opposition overturned Provisional Measure (MP) 1303/2025, which would have raised taxes on sectors of the economy to increase revenue starting in 2026, the betting industry had already emerged victorious. On October 7, the day before the so-called "IOF MP" was overturned in Congress, the rapporteur, Congressman Carlos Zarattini (Workers' Party-SP), had backed away from increasing the tax on profits from sports bettin…
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