Brazil Lower House Delays Reform Bill Analysis Again

The income tax reform bill was removed from the Lower House agenda with 390 lawmakers voting in favor of the delay and 99 against.

• States and municipalities, as well as sectors of the economy, have pressured lawmakers against the text saying that the changes will lead to a loss of revenue
• “There’s no interest in a text that is harming states, municipalities,” said the Lower House speaker Arthur Lira
• “We will continue our work to improve the bill’s text,” rapporteur Celso Sabino said
• Lira has not yet set a new date for voting; leader of the government in the lower ...