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Haddad: Lula resumed readjustment of the minimum wage, which was ‘frozen for 7 years’

BySimon Rousseau Posted onFebruary 7, 2025 7:31 amFebruary 7, 2025 7:31 am
Haddad: Lula resumed readjustment of the minimum wage, which was 'frozen for 7 years'

Finance Minister Fernando Haddad said on Friday, 7, that the Lula government is taking action to reduce the cost of living of the population. When asked about the food price and the minimum wage value, Haddad compared current management actions with former presidents Jair Bolsonaro and Michel Temer, when, according to the minister, the “minimum wage was frozen for seven years” .

During the government of former presidents Temer and Bolsonaro, the minimum wage increased, but growth did not exceed inflation-that is, there was no real growth.

Haddad also mentioned during the interview given today Lula’s promise to expand the income tax exemption range for those who earn up to $ 5,000 per month.

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“Since Lula assumed, in just two years, the salary that was $ 1,100 was $ 1,508. Obviously it cannot correct seven years of mismanagement in two, but Lula has already begun policy of valuing the minimum wage, under protest of right -wing staff. The people who attack President Lula did not want the readjustment above inflation, but Lula played this proposal, and corrected the income tax table, seven years frozen, ”Haddad said in an interview with Radio Cidade, Caruaru (PE).

The minister also cited the tax reform by remembering the exemption of the basic basket that will be valid in the new system. “From 2027 the governors will no longer be able to charge ICMS of the basic basket, governors mainly in the Southeast charge tax on the basic basket, and we approve of reform even to end ICMS of the meat,” said the minister, to whom the readjustment of the salary above answered Inflation, the correction of the income tax table and tax reform will improve the life of the population, “especially in the Northeast”.

The head of the economic team also highlighted positive numbers of the last two years, such as the generation of three million jobs. “What I just said is that President Lula not only exempted the basic basket, but will prevent state taxes from charging. Lula’s first action was to clear the taxes of the basic basket, ”said Haddad, referring to the reform that is not yet in force and begins to have his first effects in 2027.

Simon Rousseau
Simon Rousseau

Hello, I'm Simon, a 39-year-old cinema enthusiast. With a passion for storytelling through film, I explore various genres and cultures within the cinematic universe. Join me on my journey as I share insights, reviews, and the magic of movies!

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