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Thursday, November 15, 2012

“Following a tax cut in Japan this year, the U.S. now has the highest statutory corporate tax rate in the world”


From Forbes on an article on the top ten places in the world to do business, or start one.
The USA is not on the list.
It is not just the rate that hinders the U.S., but also the complexity of the tax code. The typical small or medium-size business requires 175 hours a year to comply with U.S. tax laws, according to the World Bank. Overall the U.S. ranks 55th out of the 141 countries we examined in terms of its tax regime. The world’s biggest economy at $15.1 trillion, it also scores poorly when it comes to trade freedom and monetary freedom.
New Zealand, a SOCIAL STATE DEMOCRACY is number one. Proving something. Proving what? If you want to fund social programs, make the horses you want to harness part of the time, free as possible to run, walk, and then PULL.
New Zealand ranks first on our list of the Best Countries for Business, up from No. 2 last year, thanks to a transparent and stable business climate that encourages entrepreneurship. New Zealand is the smallest economy in our top 10 at $162 billion, but it ranks first in four of the 11 metrics we examined, including personal freedom and investor protection, as well as a lack of red tape and corruption.
BY all means, let’s make it harder to do business.
If I was where I was in terms of business when I was 35, and starting my cardiovascular research software climb, with the present realities, I would go to New Zealand.

FULL DISCLOSURE- in pursuit of that career I have spent a lot of time in Christchurch, NZ and I have to say it’s one of the most terrific places I have ever spent time in (away from my family). In fact, in a lot of ways it is a lot like Maine, with Maoris, and sheep, and Alps, and Fjords.
And the SHIRE.
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