2023-07-16 12:20:12
Euphoria took hold of Brasília, industrialists, the market, economic journalism and Mr. Zé and Dona Maria: the tax reform, finally approved by the Chamber this Thursday, he put an end to the sebastianism that prevented us from standing shoulder to shoulder with civilized nations. It was a HISTORICAL DAY, to repeat the cry kept in the chests of experts in the tax area and accountants freed from the daily yoke.
We became a modern country from the day before yesterday to today, because the government will be able to swindle the tax payer in a simpler and more efficient way, and we will all be happier because we will waste less time to be scorched by the government. Besides, it’s over, over (listen to Galvão Bueno’s version) the fiscal war between the States. What will be the tax rates on consumption? Stop being a killjoy, it was left to a complementary law.
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The tax reform was cheap, costing only BRL 7.5 billion in amendments, of which BRL 5.3 billion were released hours before the vote — and which could be spent without any transparency, a concept that only blurs. If you are going to tell a gringo, convert the total to US$ 1.5 billion and say that the payment of this pittance is a genius of the political articulation of the Minister of Finance, Fernando Haddad, and the President of the Chamber, Arthur Lira.
Haddad and Lira, side by side | Photo: Marcelo Camargo/Agência Brasil
It was a tremendous achievement. We will have two more funds, imagine you. Respectable funds: the first is the National Fund for Regional Development, to compensate for the end of tax subsidies to states and municipalities — and for patriots who always put their civic hand in. The Union (you) will start contributing R$ 8 billion in 2029. It is only half a billion more than what the tax reform cost in amendments, but this buffoon could reach R$ 40 billion in 2032. of the very funny house, which had no roof, had nothing.
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The second fund, yay, is the Tax Benefits Compensation Fund, also to offset losses with the end of ICMS and ISS, which will be replaced by the tax on goods and services. Between 2025 and 2032, R$ 160 billion will be invested. A federal council will decide the fate of this rachuncho. Now we’re talking business.
It’s a win-win. The politicians who fight for the general well-being of the nation win and the investigative reporters win, who will now have two more promising investigation fronts, because any fund, in Brazil, brings with it the scandal of the fund. It really was a HISTORICAL DAY.
Also read: “Tax reform is a PT power centralization project, says Marcos Cintra”
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