Fwd: Tax reform: Russia -1, U.S. - 0

[ChrisD(RJ)]

The reason for the 13% flat tax in Russia is presumably not one that would
translate in the US. The 13% flat tax is there to encourage corporations to
register their employees at their actual salaries. At present, many people
in Russia, esp. in the middle class, are reported by their employers as
earning, say $50 a month, when in reality they are paid $500 a month in
cash.

A few months ago, Moscow was covered with signs reading "Russia has the
lowest tax in Europe -- It is time to come out of the shadow!" Gov. ad
campaign.

Chris Doss
The Russia Journal
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Date: Sat, 30 Mar 2002 08:27:04 -0500
From: "Dennis Breslin" <dbreslin at ctol.net>
Subject: Fwd: Tax reform: Russia - 1, U.S. - 0


>From the flat earth department:

"Eleven years ago, the Soviet Union was a communist dictatorship, an "evil
empire,"
in the words of President Reagan. But today, the Cold War is a fading
memory, and
the nation that used to represent international socialism has junked its
"progressive"
income tax for a simple and fair 13 percent flat tax."

http://www.washingtontimes.com/commentary/20020328-64203369.htm