Would You Like A 13% Tax Rate?

I think it’s funny Gerard Depardieu has taken Russian citizenship and essentially destroyed Francois Hollande’s credibility as French president.

Russia is the most mis-represented country in the world. Ignorant Western journalists white wash their home countries abuses of human rights while highlighting minor problems in one of the world’s largest countries.

With a 13% tax rate, Gerard Depardieu would obviously be better off than under a 75% tax rate in his home country of France. He will also be making a capital contribution to Russia if he moves his assets there, reversing a minor portion of the capital flight currently occurring.

It’s hilarious to read anti-Russian comments. Maybe an uninformed drongo will comment as such here. Perhaps a “Free Pussy Riot” appeal?

There are several great articles on how the 13% flat tax rate has reduced tax evasion and tax avoidance in Russia significantly – with such a low rate people don’t have the incentive to spend thousands of dollars on accountants unless their affairs are very complex.

Read more:
Buying A House Is Weird

Economist Shamubeel Eaqub is right, renting is better than buying. It's weird how obsessed New Zealanders are with real estate....

Does Labour Really Need To Be Imported For Housing?

The framing of where frictions lie in any market are an interesting insight into the minds of people far from...

Close