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Old 12-01-2010, 12:06 AM
 
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Are there any other countries with tax cuts similar to the Bush tax cuts? If so, What have been their results?

Oh I changed the title of the thread but feel free to comment on David Stockman.

Last edited by Motion; 12-01-2010 at 12:44 AM..
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Old 12-01-2010, 12:56 AM
 
69,368 posts, read 64,174,590 times
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Originally Posted by Motion View Post
Are there any other countries with tax cuts similar to the Bush tax cuts? If so, What have been their results?

Oh I changed the title of the thread but feel free to comment on David Stockman.
Canada
Tax Cuts for Businesses and Individuals

Japan
News Headlines (http://www.cnbc.com/id/39306346/ - broken link)

China
China Cuts Corporate Tax Rates
(who's jobless rate is about 4.5% and GDP growth hovers around 10%

UK
U.K. tax cut spawns $779M expansion at GSK - FiercePharma


And those who have raised taxes

Mexico
Mexican government to raise taxes, cut spending

I wonder what countries are doing better
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Old 12-01-2010, 01:03 AM
 
25,021 posts, read 27,961,338 times
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Originally Posted by pghquest View Post
Canada
Tax Cuts for Businesses and Individuals

Japan
News Headlines (http://www.cnbc.com/id/39306346/ - broken link)

China
China Cuts Corporate Tax Rates
(who's jobless rate is about 4.5% and GDP growth hovers around 10%

UK
U.K. tax cut spawns $779M expansion at GSK - FiercePharma


And those who have raised taxes

Mexico
Mexican government to raise taxes, cut spending

I wonder what countries are doing better
“U.S. companies feel at home in Chile. We are one of the most business-friendly countries in Latin America,” stated Nicolo Gligo, Executive Director of the Chilean Economic Development Agency (CORFO) in the U.S. ”Chile has one of the freest economies in the world with a private sector that is the engine of the economy.[emphasize mine] In Chile, the infrastructure and institutions operate effectively, transparency is the rule and there are virtually no restrictions on foreign investment. And when you factor in the quality of life in Chile, there is no comparison.”

http://www.nearshoreamericas.com/chi...dly-5398/5398/
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Old 12-01-2010, 01:47 AM
 
69,368 posts, read 64,174,590 times
Reputation: 9383
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Originally Posted by theunbrainwashed View Post
“U.S. companies feel at home in Chile. We are one of the most business-friendly countries in Latin America,” stated Nicolo Gligo, Executive Director of the Chilean Economic Development Agency (CORFO) in the U.S. ”Chile has one of the freest economies in the world with a private sector that is the engine of the economy.[emphasize mine] In Chile, the infrastructure and institutions operate effectively, transparency is the rule and there are virtually no restrictions on foreign investment. And when you factor in the quality of life in Chile, there is no comparison.”

Chile Maintains Standing as Most Business Friendly Nation in Latin America | Nearshore Americas | Latin America Outsourcing Analysis and Expert Commentary
And Chile I believe lowered their taxes as well..
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Old 12-01-2010, 02:15 AM
 
25,021 posts, read 27,961,338 times
Reputation: 11790
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Originally Posted by pghquest View Post
And Chile I believe lowered their taxes as well..
And they experienced an economic boom and they continue to receive very good foreign investments and continued growth and since that, they've achieved what most Latin American nations can only dream of: a stable growing economy with low political corruption and low crime rates, in contrast to Chávez's, Correa's, and Morales's, policies that are scaring away business investments because their assets might be seized the next day, and political corruption is rife in those countries. Chile's HDI only keeps going up and I think they will be the first Latin American country to achieve developed status. They've already been newly admitted to the OECD. For me personally, Chile would be a great country to live in and being Hispanic already and being fluent in Spanish, I would love to go live there, but I don't wanna have to put up with replacing broken walls or items because Chile likes to "dance" every once in a while
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