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View Full Version : Mantega's 'Populist' Taxes Harm Exporters, Franco Says - Bloomberg



NewsWhore
08-26-2011, 08:40 PM
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Mantega&#39;s &#39;Populist&#39; Taxes Harm Exporters, Franco Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNESNkGYxkdToO7pHp8RM1NZhUJA5g&url=http://www.bloomberg.com/news/2011-08-27/mantega-s-populist-taxes-harm-exporters-franco-says-1-.html)
Bloomberg
The tax Brazil&#39;s government levied on currency derivatives was an “unhappy measure,” said Franco, Rio Bravo Investimentos founder and partner. “I consider it legitimate to use measures such as the IOF,” Franco said, referring to the taxes on foreign ...

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