Brazil wants to revive financial transaction tax to increase revenue

Sunday, August 30th 2015 - 13:44 UTC

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The Brazilian government is considering reviving a financial transaction tax known as CPMF in a bid to shore up its finances in 2016, but the initiative apparently does not have sufficient support in Congress and President Dilma Rousseff's main coalition ally, PMDB, is not willing to make the presentation. Read full article

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Brasileiro
The CPMF is a tax that the rich pay. I accept !
Aug 30th, 2015 - 03:59 pm - Link - Report abuse 0
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Really?

We once has a similar inefficient tax here. It applied to every financial transaction. So a poor worker who live below the poverty line and wishes to transfer money to their mother for medicine wouldn't pay it?

Yeah the rich.

Blind support means you will be led blindly Brasileiro. This recession is your fault.
Aug 30th, 2015 - 10:00 pm - Link - Report abuse 0
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