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To: WilliamIII
Interesting perspective, but we should get one misleading bit of information out of the way. Russia does not have "low taxes" at all. They have a low income tax rate, but that doesn't apply across the board to other taxes.

Their payroll taxes, for example, are so high that employers routinely look for ways to work around them by offering employees other forms of compensation that don't show up in their payroll records. For years it has been commonplace for employers to offer apartments, cars, etc. so they can pay minimal direct wages to their employees.

39 posted on 12/31/2016 12:46:11 PM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: Alberta's Child

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


46 posted on 12/31/2016 12:53:21 PM PST by WilliamIII
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