Interesting. Still sounds superior to the 50 percent-plus combined income tax rate for upper middle income Californians. I think it was Steve Forbes - don’t hold me to that recollection - who I first saw praising Russian income taxes
If Russia’s tax structure was nearly as attractive as someone like Steve Forbes makes it out to be, you’d have U.S. and European companies opening operations there instead of Latin America, China and the former Warsaw Pact countries of eastern Europe.