Kim Kataguiri: And it had the same local content policy, the same policy of tax relief, of subsidies, of tax privileges and it failed resoundingly.
Kim Kataguiri: We are repeating the same formula. Studies have shown that the industrial policy during Lula 1, Lula 2, Dilma 1, Dilma 2 and now — studies on the new PAC are about to be released — all these incentives that were given became profit in the pocket of the businessman who received that incentive.
It did not increase productivity, did not strengthen the national industry, did not create jobs, did not increase GDP.
Kim Kataguiri: Zero, zero. Everything that has been a policy identical to this in the last 20 years in our country turned into profit in the hands of businessmen with influence here in Congress and at the Planalto — corrupt businessmen who form cartels, who form oligopolies; oligopolies and cartels that will become even easier with this law.
Kim Kataguiri: This is one of the worst laws I have ever seen in this Legislature.