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Edition of Saturday, November 14, 2026

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Macroeconomics

PT Faction Proposes New Taxes for Fiscal Adjustment

Brasília time 1 min read

PT Faction Proposes New Taxes for Fiscal Adjustment
Photo: Leandro Ciuffo, CC BY 2.0, Wikimedia Commons

Lawmakers filed four bills to tax large fortunes and returns on LCA and LCI bonds

A faction of the Workers' Party has introduced four bills in the Chamber of Deputies to alter the government's fiscal adjustment. The group argues that balancing public accounts should be achieved through increased revenue rather than spending cuts. The initiative has the support of approximately 80 lawmakers from parties including the PCdoB, Psol, and PV.

The first bill establishes a tax on large fortunes with progressive rates ranging from 0.7% to 3%. The levy would apply to assets exceeding R$ 15 million after debt deductions. The text states that the collected funds should be allocated to the Fund for Combating and Eradicating Poverty.

Another proposal sets a 7.5% income tax rate on returns from bonds such as LCA and LCI. The stated goal is to seek greater neutrality in the tax treatment of financial investments. This topic was previously debated during the 2025 tax reform without success in Congress.

The lawmakers also introduced a bill to change the taxation on profits. This set of measures reflects an internal disagreement regarding the package approved by the Senate on November 12, 2026. The effort aims to strengthen the financing of social policies through the taxation of assets and income.

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