To: Seruzawa
Russia’s debt ratio is one of the lowest in the world at 19.48% of its GDP. Russia is the ninth least indebted country in the world. We owe 134% of our GDP. Russia has a 13% personal income tax. Collected up front, no filing needed unless you are using the once in a lifetime home deduction.
Getting close to time that we stop calling anyone else an economic basket case.
17 posted on
01/05/2022 12:27:37 PM PST by
DesertRhino
(Dogs are called man's best friend. Moslems hate dogs. Add it up....)
To: DesertRhino
Point taken. We are in worse shape than much of the world. All by design.
20 posted on
01/05/2022 12:31:18 PM PST by
Seruzawa
("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
To: DesertRhino
Your point about the fact that the USA is a house of cards is sound. But while Russia may be doing well policy wise with tax rates and the like their GDP has hardly been showing strength.
25 posted on
01/05/2022 12:43:18 PM PST by
pepsi_junkie
(Often wrong, but never in doubt!)
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