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Brazil finance minister: Government unable to cut taxes for public transport
June 19, 2013 / 7:55 PM / 4 years ago

Brazil finance minister: Government unable to cut taxes for public transport

BRASILIA (Reuters) - Brazil’s federal government is unable to lower taxes for public transportation any further, Finance Minister Guido Mantega said on Wednesday as protests against a recent increase in bus fares and shoddy public services spread nationwide.

Brazil's Finance Minister Guido Mantega speaks during a news conference in Brasilia May 29, 2013. REUTERS/Ueslei Marcelino

The minister’s remarks poured cold water on speculation that President Dilma Rousseff would provide financial help to municipalities trying to appease protesters who demand a reduction in transportation costs.

Reporting by Luciana Otoni; Writing by Walter Brandimarte

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