Tricksy Politicians and Taxes
Mr. Loffredo went on to testify that a hypothetical "ChryslerDaimler" headquartered in the United States would face a 67.5 percent tax rate, while the actual Daimler-Chrysler, headquartered in Germany, pays only 44 percent.The Fairtax Book, page 66
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I think I remember hearing that when Russia lowered its taxes when it stopped being the USSR, people were worried that the government would go broke, but they actually took in more tax revenue because people actually paid the lower rate. (Don't have the figures to back this up, unforunately, but that's what I heard in school.)
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