In Brazil, the last time there was a correction in the income tax table was in 2015, during the second term of former president Dilma Rousseff (PT). That is, since then, there has been no change, not even the slightest bit, in the IR table.
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In view of this, until last year, the table accumulated a lag of around 134.53% since 1996, according to the calculations of the Union of Tax Auditors of the Federal Revenue Service of Brazil (Sindifisco National). In 2015, in the last change that occurred, this readjustment was scaled to the different income brackets. However, during the presidential campaign in 2018, making a new correction to the income tax table was one of the promises of the current president, Jair Messias Bolsonaro.
In fact, in June of last year, the Executive sent a proposal that referred to the correction of the table to Congress as part of the said tax reform. The proposal was approved by the Chamber of Deputies, but when it reached the Senate, it did not advance.
Thus, the Executive's project provided for an update of the Income Tax Table aimed at people physical, so as to make CLT workers who earn up to R$ 2,500 exempt from IR monthly. Finally, points out Carlos Eduardo Orsolon, partner in the tax area at Demarest Advogados, that “failure to correct the table implies an increase in the tax burden”. In other words, this movement in relation to the Executive is practically necessary.
Geographer and pseudo writer (or otherwise), I'm 23 years old, from Rio Grande do Sul, lover of the seventh art and everything that involves communication.
