“Russia has set up regional zones as tax havens. Factories are taxed at low rates. How low? This low. What if Detroit were allowed by the U.S. government and Michigan’s government to offer this? What if Detroit had been allowed to offer it in 1960? If it works in one region temporarily, why not all regions permanently? Most Russian [companies] pay 20% in income taxes. What do you pay in the USA? Add Social Security and Medicare. Add state income taxes. Pity the Russians. They live under tyranny. Right?”
http://teapartyeconomist.com/2013/07/26/tax-haven-russia/
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