Monday, September 15, 2014

Estonia leads the way!

Estonia leads the way!  In tax competitiveness.  The U.S.?  We're at number 32, behind Slovakia, Japan, the United Kingdom, and Slovenia.

Number 32.

This is why corporations are decamping to other countries.  It's not their lack of patriotism, nor their stupidity – it's that the U.S. is far from being the most attractive place for them to be located.  It's that simple.  To pick on an example from recent news, Burger King is relocating its headquarters to Canada mainly because it's going to save them a boatload of taxes.  That's not much different that what we just did: we moved from California to Utah, and a big part of that motivation was to escape the (absolutely absurdly high) tax rates in California...

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