The House of Representatives will vote on Wednesday the bill that sustained the government decree that elevated the tax on financial operations, said the president of the house, Hugo Motta (Republicans-PB) on Tuesday.
The government estimates raising $ 10 billion this year with the measure.
Last week, the House approved the urgency of this project, which accelerates its processing. The political articulation of the government tried to use this time to score the crisis. The idea was to build the deal to resolve the impasse in the public accounts that the government needs, as well as attending Congress and start releasing amendments.
The twists around the IOF have already yielded three different decrees on the subject. The first was published on May 22 and raised the rate of various operations. On the same day, the government retreated only in taxation of shipments from Brazilian funds abroad.
After a negative reaction of market and parliamentary sectors, the government published a decree “recalibrating” the values of IOF at the beginning of the month. With the partial retreat, the farm estimates to reduce the collection this year from $ 19.1 billion to $ 10 billion.
Motta said that he will also vote for the Provisional Measure (MP) that authorizes the use of resources from the Social Pre-Salt Fund for Popular Housing and allows the government to auction oil and surplus gas, with potential to raise up to $ 20 billion, which is seen as a way to compensate the IOF.
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According to Motta, the MP that allows the hiring of credit assigned by private sector workers and the bill exempting from income tax to be up to two minimum wages will also be voted.
