'It is a consensus on the need to increase revenue' for public security, says Derrite after approval of the anti-cryptocurrency bill
Deputy Guilherme Derrite emphasized the need for Brazil to seek new funding avenues for public security following the approval of an anti-cryptocurrency bill, especially after an additional taxation on betting companies was removed.
In a recent interview following the approval of the anti-cryptocurrency bill in Brazil's Chamber of Deputies, Deputy Guilherme Derrite (PP-SP) underscored the urgent necessity for the government to find ways to boost funding for public security. Derrite's comments come in light of the legislature's decision to reject an additional tax on betting companies, a revenue stream that was initially intended to enhance financial support for security forces. The absence of this tax raises concerns over the sustainability of funding for public safety initiatives.
Derrite noted that while the tax on betting companies—termed Cide-Bets—was part of an earlier proposal, it was ultimately stripped away in favor of other amendments during the parliamentary process. This decision reflects a broader challenge within Brazilian governance: balancing the need for effective public funding against the influence and interests of various lobbying groups. As debate continues around how to fill this gap in financing, Derrite stressed the imperative for creative solutions to enhance public security resources.
The implications of this debate extend beyond mere funding. With rising crime rates and public safety concerns at the forefront of Brazilian politics, the effectiveness of the country's security forces may hinge on the ability of lawmakers to secure and allocate necessary resources. As highlighted by Senator Alessandro Vieira (MDB-SE), who initially reported the text in the Senate, the potential revenue from taxing betting operations could significantly contribute to addressing the pressing challenges within Brazil's public security framework. Nonetheless, without the support of such taxation, the future landscape for public safety funding appears increasingly uncertain, warranting urgent legislative attention.