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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (29516)	2/15/2008 2:19:26 PM
From: elmatador	Read Replies (1) \| Respond to of 217644

Today say oil is 15% of Brazil's GDP, with Tupi oil will increase its GDP contribution to say 20%, because of the snowball effect of the money gravitating around that sector. Looking to the stake holding of a barrel coming out of Tupi, government will take a big chunk of it and this makes it interesting -still for a Brazilian citizen- because government will give a break in the tax side since it has another cow to milk for its budget. Since Brazil is one of the highest taxed countries in the world -taxed like Sweden but provides services like Mozambique- this new source of revenue stream for the government coffers will make a significant difference in 7 to 10 years henceforth. This is mainly my focus on how this sector plays in the economy and overall scheme of things.