Automakers research and innovation must move to Brazil, ‘we have the market’ says Pimentel

Monday, April 9th 2012 - 05:21 UTC

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Brazil has no plans to offer further incentives for automakers, but the government does not rule out taking steps to boost the competitiveness of other industries, Trade and Industry Minister Fernando Pimentel said in an interview published on Sunday. Read full article

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Fido Dido
Critics say those measures are just short-term solutions and don't address underlying problems such as a heavy tax burden, bureaucracy and lack of investment.

Those Critics are correct that Brazil needs a tax reform..old news, but the same critics want actually “deregulation” what will take you to the same road as what the US chose in the 80's and which brought it where it is today..broke, lawless and in hands of corporations.

Brazil's government and people are right by ignoring the neo-liberal clowns.
Apr 09th, 2012 - 06:05 am - Link - Report abuse 0
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