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House Approves Expanded Tax Exemption for High Income Earners

Summary by Time News
Brazil’s Congress Approves Landmark Income Tax Reform in Government Victory A sweeping overhaul of Brazil’s income… The post House Approves Expanded Tax Exemption for High Income Earners appeared first on TIme News.
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In the project of the government Luiz In cio Lula da Silva (PT) to raise the income tax to monthly gains at R$ 5,000, the worst that could happen would be the National Congress to break or break up the tax on higher incomes intended to keep est vel the revenue of the Treasure. This was successfully avoided in the adoption of the text by the C sea of the Members. Read more (10/02/2025

·São Paulo, Brazil
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The House's approval took place unanimously, overcoming the projections of its own government

·São Paulo, Brazil
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The Chamber of Deputies approved this Wednesday (October 1, 2025) the main text of the bill that exempts income tax (IR) for those earning up to R$5,000 per month. The vote was 493 in favor and none against, a victory for the rapporteur, former Speaker of the Chamber of Deputies Arthur Lira (PP-AL). It now goes to the Senate. Read the full text (PDF – 173 kB). The measure is one of President Luiz Inácio Lula da Silva's (PT) election promises (re…

The National Secretary of Communications for the Workers' Party, Éden Valadares, celebrated the approval of the income tax exemption for Brazilians earning up to five thousand reais. President Lula's bill was approved this Wednesday (1st) in the Chamber of Deputies. "Today is a historic day for Brazil. The Chamber of Deputies has taken a major step towards ensuring social justice in our country.

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OffNews broke the news in on Thursday, October 2, 2025.
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