With the ceremonial presentation of the… Reforms In the second generation, promoted by the government, also comes the most difficult moment of this type of process: defining and putting on the table how the stimuli that the Condition will offer to create more formal jobs and increase private investment. And that without the points that the executive branch would have to take into account negotiate (not to mention her resignation) in her search for votes in Congress.
The priority in the discussion that will begin tomorrow when the new Representatives and Senatorsthe 2026 budget will have it. For now, those Treasure Palace He has it under wraps, but it is already known that he will have to present a new text, since the text that arrived last September will lose its parliamentary status and would require a new text new opinion.
He Economic team He’s not interested in over-disclosing the numbers for this project because he knows that Governors They’ll be fighting him for resources from minute zero, and he’s aware that something has to give. But along this path, he first had to reevaluate the growth goal and establish (or ratify) the goal. Budget surplusCalculate how much income you will have and how much you are willing to lose. In theory, these numbers already exist and will provide the framework for everything Legislative battles that comes next.
The second project of interest to the Government It is a modernization of the world of work. His text aims on two fronts: on the one hand, it aims to update several institutions that characterize relationships between companies, on the other Trade unions and employees (e.g. the dissemination of company agreements, the redefinition of the assessment basis for remuneration, the form of salary payment and much more) and, on the other hand, provides for a reduction in remuneration Cost that companies face.
The main advantage is a three-point reduction in social security contributions for all companies white employees. There are also discounts and waiver of contributions to formalize the employment relationship and mitigate employment debts. The official text, if it turns out as envisaged in the latest draft, envisages cuts in domestic taxes and an economic stimulus plan medium investments (RIMI)a claim made by the UIA as compensation for the application of the RIGI to large companies.
He Government assumes that with growth of at least 4% (The private sector estimates the value to be closer to 3%), more tax resources will be available. However, it should be noted that in 2026 there will also be less revenue from withholding taxes (due to the prolonged effect of the program, which reduced it to zero). Caputo aims to launder labor money in order to “finance” the cuts in social security contributions. And at the same time, the 3% is redirected to the new one Work Assistance Fund Stimulate the capital market and reduce financing costs for companies.
As we shall see, it is time to do the math again.
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