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To: GonzoGOP

I wonder what China’s effective tax rate is?


18 posted on 07/18/2011 7:14:06 AM PDT by for-q-clinton (If at first you don't succeed keep on sucking until you do succeed)
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To: for-q-clinton
I wonder what China’s effective tax rate is?

Officially it is 45%, but if you think our tax laws are screwed up you should talk to someone from China. They do a lot of "forced partnerships" that don't appear as taxes, the government just take a cut of the entire company. And the pay to play rules over there are worse than Chicago.
25 posted on 07/18/2011 7:33:43 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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