"What effect must it have on a nation if it learns no foreign languages? Probably much the same as that which a total withdrawal from society has upon an individual." --G.C. Lichtenberg
We shoulda known. Companies relocating in other countries is our own darn fault.
"The United States is at fault, not Bermuda," Aufhauser said during a business symposium called "The New Ethos of Doing Business," held in Hamilton, Bermuda.
"Incentives to relocate to Bermuda ... arise out of our own tax code," he said. "The incidence of tax in Bermuda is lower, which we regard as healthy tax competition."
He said amending the U.S. tax code would be the best way to remove such unintended incentives, but he was not specific about how the tax code should be changed.
Sure, just lower the taxes, and it'll be like everyone's incorporated in Bermuda. This guy's pretty sharp. What else has he been up to? via Unknown News posted by David at 8/02/2002 05:13:00 PM ::
