Sunday, June 20, 2010

Russia Getting Rid of Capital Gains Tax

I spotted this earlier today on Facebook:

The former communists running Russia apparently understand tax policy better than the crowd in charge of U.S. tax policy. Not only does Russia have a 13 percent flat tax, but the government has just announced it will eliminate the capital gains tax (which shouldn’t exist in a pure flat tax anyhow).

Contrarianism isn't just for investing, maybe? It's amazing to me how the former foes of the free West are now doing the things we've always claimed to be for, while we jump head first into the Hell that these folks are emerging from.

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