Thread: News Stories
View Single Post
Old 2012-03-14, 09:55   Link #20140
SaintessHeart
NYAAAAHAAANNNNN~
 
 
Join Date: Nov 2007
Age: 35
Quote:
Originally Posted by Dhomochevsky View Post
The problem is not their productivity, or that they are lazy, or anything like that.

Their businesses are just in a habit to not pay taxes. At all.

I am not sure how this works. Maybe it's corruption, or no one really cared. In the end, it does not matter how good or bad their economy is with tax returns like that.
The corporate tax rate is 24% and income tax can go up to 40%, but the consumption rate is still high. It could be due to unwillingness to save by the general citizenry given the cheap cost of imported goods from China.

OTOH :

Goldman Sachs director in London quits 'toxic' bank
__________________

When three puppygirls named after pastries are on top of each other, it is called Eclair a'la menthe et Biscotti aux fraises avec beaucoup de Ricotta sur le dessus.
Most of all, you have to be disciplined and you have to save, even if you hate our current financial system. Because if you don't save, then you're guaranteed to end up with nothing.
SaintessHeart is offline