[Enlightened1]

I’m not sure?

They are not the Soviet Union anymore.

Meaning economically they are now capitalist.

My understanding is that they only have a 13% flat tax. That’s it. No other taxes.

Our economy would boom if we had a 13% flat tax only.

Have you seen Moscow lately?

https://www.google.com/search?q=moscow+skyline&biw=1600&bih=740&tbm=isch&tbo=u&source=univ&sa=X&ei=y6uqVPn4FcfFgwSS_oCwAQ&sqi=2&ved=0CB0QsAQ

[Georgia Girl 2]

The problem is that Russia really only manufactures and sells oil, gas, wheat and some arms. Not a manufacturing powerhouse. I don’t think they have produced a new product since 1973. So their tax rate does not really matter. The ruble is collapsing because everytime oil goes down they get into trouble.

Russia’s GDP is ranked 8th by the IMF and 9th by the World Bank. They come in behind Brazil. Their GDP is on the order of the state of California. For 70 years Russia has put all their money into a military and ignored their infrastructure.

When was the last time you bought a Russian car, truck, tractor, backhoe, excavator, cell phone, computer, watch, etc? See what I mean?

[canuck_conservative]

Have you seen Moscow lately?

So you'll be moving there soon then, since things are so great? Right, didn't think so.

... because what's left unspoken here is one simple principle - capital follows safety. People like to live where they won't be threatened by crime or The State.

That's not Russia.

[1rudeboy]

My understanding is that they only have a 13% flat tax. That’s it. No other taxes.

Where did you learn that? ZeroHedge?

[Russia's] top individual income tax rate is 13 percent, and the top corporate tax rate is 20 percent. Other taxes include a value-added tax (VAT) and an environmental tax. The overall tax burden is 29.5 percent of GDP.

Heritage