Opposition in the Senate Proposes Cuts in the PAC to Eliminate an Increase in IOF

Poder360

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President Luiz Inácio Lula da Silva (PT) complained this Thursday (June 12, 2025) about the demands the government faces to cut public spending. According to him, businessmen and bankers say that resources for the poorest are “wasted.” “Then you see businessmen fighting, bankers, saying that the government is spending too much, this government gives too much Bolsa Família, ‘this government gives too much social security benefit, gives too much “…

Revista Oeste

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The opposition in the Federal Senate opened, on Thursday, 11 a note condemning the tax policy of President Luiz Inácio Lula da Silva's government. In the text, parliamentarians protested the increase in the tax burden, mainly the conversion of the Tax on Financial Operations (IOF) into a starting tool. The note states that this tax should have a regulatory function. For parliamentarians, the decision raises the cost of credit, stimulates investm…

Gazeta Do Povo

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The Union/PP is critical of the government's tax package which increases taxes and avoids spending cuts. Read the People's Journal.

R7

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The opposition to the government of President Luiz Inácio Lula da Silva in the Senate criticised, on this Thursday (11), the increase in taxes by federal management, for example, the decree that increases the alternatives to certain IOF modes (Fins Tax on Financial Operations).