To All,
I was listening to the BBC this morning and apparently French actor Gerard Depardieu has become angry over France raising the top tax rate to 75%. He is moving out of the country.
Story here: Putin offers passport to actor Depardieu, who fled France over taxes - CNN.com
Russian President Vladimir Putin has offered Mr. Depardieu Russian citizenship.
It seems that Russia has a flat 13% tax rate. How is it Russia could come up with a simple and easy tax system where we free market capitalists have failed to simplify our tax system for decades?
I would like to think we could progress (?) toward the Russian tax system sometime in my lifetime.
Just thought I would share this trivial information with everyone.
Regards,
Doug
I was listening to the BBC this morning and apparently French actor Gerard Depardieu has become angry over France raising the top tax rate to 75%. He is moving out of the country.
Story here: Putin offers passport to actor Depardieu, who fled France over taxes - CNN.com
Russian President Vladimir Putin has offered Mr. Depardieu Russian citizenship.
It seems that Russia has a flat 13% tax rate. How is it Russia could come up with a simple and easy tax system where we free market capitalists have failed to simplify our tax system for decades?
I would like to think we could progress (?) toward the Russian tax system sometime in my lifetime.
Just thought I would share this trivial information with everyone.
Regards,
Doug