Did you ever think you’d see a day when the President of Russia understood the benefits of low taxation better than the President of America?
With a top rate of 35%, we are better off than Europe but by not much.
We cannot offer a flat tax like Russia has to encourage people to come live and invest here and create good-paying jobs.
13% is why Gerard Depardieu left France to settle in Russia because he didn’t want to pay his country’s confiscatory taxes on his income.
I believe in people keeping their wealth and using it to benefit others and they can do that much better than the government can do it.
Down is up, left is right....
I guess now our low tax supporters will all want to move to Russia. ;-)