Negotiations intensify over income tax reform, the Lower House approves a revised PPP bill, and the INSS fraud scandal escalates as the opposition pushes a CPI and the TCU demands accountability from the current administration
The bill that grants an income tax exemption for individuals earning up to R$ 5,000 per month is already generating intense negotiations in Congress. In a meeting with lawmakers yesterday, the bill’s rapporteur, Deputy Arthur Lira (PP-AL), heard suggestions for a full correction of the income tax table. Yesterday, the Lower House approved a bill that revises the Public Concessions Law and allows concessionaires to offer as collateral the concession assets that are essential for ensuring the continuity, quality, and current standards of services under the contract. Due to the changes made, Bill 7063/17 will return to the Senate. The INSS issue continues to unfold and is being leveraged by the opposition. A video posted by Deputy Nikolas Ferreira has reached around 90 million views. The episode is causing political damage to the government, which has struggled to respond.
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