PPRuNe Forums - View Single Post - Auckland stays near top of unaffordable list - Check out Hong Kong
Old 27th Jan 2013, 18:38
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cxorcist
 
Join Date: Aug 2008
Location: Polar Route
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330,

US corporations pay the highest corporate tax rates in the world. That is NOT the problem! Why do you think so many of them move their holdings overseas? They are trying to avoid punishing taxes. I really think you have only to look at Hong Kong to find a simple and fair taxation scheme. Maybe in the US the rate would have to be more like 20-25% instead of 15%, but it could work.
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