Luis Inacio Lula da Silva: December will be the last month that you will have income tax deducted from your paycheck.
Luis Inacio Lula da Silva: And this same law.
Reduces the tax for those who receive between R$ 5,000 and R$ 7,350, who will now pay less than they paid before.
Luis Inacio Lula da Silva: With zero income tax, a person with a salary of R$ 4,800 can save R$ 4,000 in one year.
Luis Inacio Lula da Silva: That's almost one tenth of a salary. And most importantly, the compensation will not come from cuts in education or health.