The government ignored the IRS cut approved by the Assembly of the Republic in the proposal on the options for the Grand Plan (2024-2028) submitted to Parliament.
The executive insists on reducing the IRS to the eighth level by reducing the marginal rates by 0.5 to 3% compared to 2023, with an emphasis on the middle class in the sense of a “sustainable and general improvement in wages” and “Progressiveness and consistency of the IRS”. The reduction of the IRS proposed by the PS and made possible by the Assembly of the Republic defines a reduction in the tax of between 0.25% and 1.5% up to the sixth level compared to the current table.
According to parliamentary services, the socialist diploma does not violate the law on brakes. However, in an interview with the publication Business And Antenna 1Minister of the Presidential Administration Antonio Leitan Amaru believed that PS’s insistence on releasing income tax tables that reflect the effects of this year’s IRS rate cuts “clearly different from what the brake law says” and its argument that the diploma is unconstitutional.
The Council of Ministers approved the proposal for the Grand Plan Options (2024-2028) on 25 June, after the IRS PS cut was passed in Parliament on 12 June, with the votes in favour coming from the Left and I.L. and Chega abstaining. will be submitted to the Economic and Social Council and the Assembly of the Republic for consideration.
Author: morning Post
Source: CM Jornal
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