Post
Topic
Board Politics & Society
Re: USA Ranks #32 in World Taxing Policy Index
by
Full Spectrum
on 17/09/2014, 04:14:52 UTC
Here is the comparison between Russia and the United States:

Income tax: 13% in Russia & 39.6% in the United States
Corporate tax: 15.5% to 20% in Russia & 38% in the United States
Dividend tax: 9% in Russia & 28.6% in the US (State + Federal)
Short term capital gains tax: 13% in Russia & 39.6% in the United States
Long term capital gains tax: 0% in Russia & 20% in the United States

The socialist left has been trying to do everything they can to depress the United States into some stagnant and declining 2nd rate country for years now. NAFTA started the bon voyage of middle class jobs elsewhere and these tax rates are finishing off the rest of the productivity. Will Americans start to see/get the big picture here and make a move or just let the titanic go down?

All you have to do is look at California, which is hemorrhaging its middle class, but California doesn't care sadly. The only thing California cares about is more silicon valley startups...