Luis Inacio Lula da Silva: My friends, starting in January next year, what today is a deduction on the paycheck becomes extra money in the pocket.
Luis Inacio Lula da Silva: to travel with the family, eat what you like most, buy Christmas presents for the children, pay off a debt, get ahead on a payment, buy a bigger-screen television to watch the World Cup next year. This relief in income tax means more money in the pocket, which means greater purchasing power, which means higher consumption, which makes the economy turn.
The Federal Revenue Service did the calculations. In 2026, this extra money in the hands of the Brazilian people should inject R$28 billion into the economy.
Luis Inacio Lula da Silva: An extraordinary stimulus for commerce, for industry, the services sector and entrepreneurship, which will generate more jobs, more opportunities and more income. The whole country will benefit.
Luis Inacio Lula da Silva: My friends, in less than three years of government, we have again placed Brazil among the ten largest economies in the world.