Venezuela: A top income tax rate of 52%, higher than France, according to Market Watch. To judge by the range of policies on offer, you might think that we were discussing North Korea, or at least Venezuela. A lock-up that would make it all but impossible for companies to leave the country. Regrettably, however, it is the United Sates. There are plenty of theories about why the global markets are so jittery right now, from the collapsing price of oil, to the slowdown in the Chinese economy. With voting in the first of the state nominating contests in the 2016 presidential race due to start on Monday, the rest of the world is looking on with an increasing sense of dismay, and increasingly bewilderment.
(news.financializer.com). As
reported in the news.
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