Thursday, November 5, 2009

Mantega Says Brazil Inflow Tax to Help Avoid ‘Bubble’

By Laura Price and Juan Pablo Spinetto

Nov. 5 (Bloomberg) -- Brazilian Finance Minister Guido Mantega said the country’s 2 percent tax on some capital inflows will help prevent the formation of an asset “bubble.” [more: Mantega Says Brazil Inflow Tax to Help Avoid ‘Bubble’]