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Haddad: Taxing Billionaires, Banks and Gambling Is only Unfair in the Minds of the Uninformed

Summary by Globo
Minister noted that he will discuss alternatives with President Lula starting Wednesday
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The minister of Fazenda, Fernando Haddad, stepped out in defense on this Wednesday (14) of the so-called “BBBBtributation” — which affects banks, financial applications and sports posters. During a public hearing in the Senate Committee on Economic Affairs (CAE), he stated that the measure “is only unjust in the head of people who are unaware of what is happening in Brazil”. According to Haddad, the objective is not to criminalize legal sectors,…

Provisional measure ended with the exemption of investment securities such as LCAs, and increased taxation on bets

·Brazil
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Minister noted that he will discuss alternatives with President Lula starting Wednesday

·Brazil
Read Full Article
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Globo broke the news in Brazil on Tuesday, October 14, 2025.
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