Kim Kataguiri: I think it's a setback for Brazilian producers, a setback for the country's development that, in one of the few areas where we have significant productivity growth in Brazil, of about 2.5% per year on average, which is agribusiness, we put the shackles on ourselves — we sabotage ourselves, we don't even need our external adversaries for that.
Kim Kataguiri: Therefore, my recommendation is in favor, Mr. President.
Mr. President, MISSÃO's vote is "no," because there is no tax cut without spending cuts.
Kim Kataguiri: If we grant tax relief to a productive sector without presenting the estimated impact, the revenue source, in the end either we will increase property taxes on other productive activities — so it will weigh on industry, on commerce, on services — or, ultimately, this will turn into an increase in the CBS rate, the Brazilian VAT, increasing the worst tax of all, which is the tax on consumption.
Kim Kataguiri: This discourages consumption, obviously, because taxes become more expensive, and, at the same time, it mainly penalizes the poorest, who consume the majority of their income, because there is nothing left to invest, nothing left to save.