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To: Norse
For example, Russia now has a 13% flat tax on personal income. The U.S., although having relatively low tax rates, is much higher than that. Also, the U.S. has a cap gains tax at 28%, i believe, which is extremely high, and the U.S. has some of the highest corporate tax rates in the world.

We've got a 15% flat tax on incomes under 65K (SS/Med), before you even begin to figure in personal income taxes.

24 posted on 07/15/2003 9:25:23 PM PDT by Rightwing Conspiratr1
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To: Rightwing Conspiratr1
Yep, you're right. And thats not even mentioning that these high tech workers make well over 65k...
34 posted on 07/16/2003 6:57:48 AM PDT by Norse
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