Lula: We’ll Announce Income Tax Exemption Plan on March 18

Government will announce its proposal for income tax exemption for those earning up to 5,000 reais per month on March 18, President Luiz Inácio Lula da Silva said during an event in Sao Paulo.

• “We want to allow workers to pay less income tax”
• Brazil wants to find solutions to curb food inflation
• “There is still a lot to be announced,” Lula said, citing a program to finance home renovation

Original Story:Lula: Governo anunciará isenção IR em 18/mar

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Franco Dantas in Brasilia at ddantas7@bloomberg.net

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