The president of Febraban (Brazilian Federation of Banks), Isaac Sidney, criticized the decision of President Jair Bolsonaro (PL) to increase taxation on banks and other financial institutions. For Sidney, “the measure shows insensitivity”.
“The government is wrong to increase, once again, the CSLL (Social Contribution on Net Income) rate for banks, burdening consumers, families and companies with more expensive credit,” he said in a note released today.
The president of Febraban also said that taking a measure against banks could generate political support, but that at the end of the line, the action ends up affecting the citizen in every way, since it will result in credit lines such as real estate financing and credit. consigned.
“The measure shows insensitivity towards people and companies, particularly micro and small ones, which most need credit”, argued Sidney. “It makes no sense to increase the tax burden at a time when the economy is slowing down and when the Selic and inflation are at an all-time high,” he added.
He also argued that Bolsonaro’s decision is ineffective to solve the country’s structural problems and will have an impact on inflation.
Isaac Sidney concluded by defending that to solve the country’s economic problems the only way out, in his opinion, is to approve the reforms that are being processed in Congress – one of them is the tax reform.
understand the increase
President Jair Bolsonaro last night edited a provisional measure to temporarily increase the CSLL by 1%. If approved by Congress within 120 days, it will be valid until December 31.
The rate for banks, which today is 20%, will, in three months’ time, become 21%. The other financial institutions will increase from 15% to 16%.
The federal government’s forecast is that this will generate a collection increase of R$ 244.1 million this year.
