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UPDATE 1-Brazil's Congress deals blow to government by shelving investment tax overhaul
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UPDATE 1-Brazil's Congress deals blow to government by shelving investment tax overhaul
(Adds details of the voting in paragraph 2, quote from Lula in paragraph 3, context in paragraphs 5-8) BRASILIA, Oct 8 (Reuters) – Brazil's lower house of Congress removed a proposal to overhaul taxation on investments from its voting agenda, in a blow to the government's plans to boost public revenue with the measure, as it is set to expire if not voted on Wednesday. Lawmakers voted 251 to 193 on Wednesday evening to remove the proposal from th…
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