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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (12678)	11/4/2010 1:11:28 PM
From: Kirk ©	1 Recommendation Respond to of 33421

Never saw it but when I go to Baja, Mexico for windsurfing or hiking the small places like to be paid in cash and you seldom get a receipt despite a claimed 10% sales tax. In the early 1990s I tried to argue for my former employer, HP, to expand into Baja to be in the same time zone and a much easier flight than going to Singapore. We were shipping R&D jobs to Singapore so fast I read the writing on the wall and learned to invest so I'd not have to rely on a tech job for a decent lifestyle. I got all sorts of replies including Singapore gives special "tax holidays" to bring jobs over... but that page from Wiki says their regular tax rate is only 17%... which explains a big reason Verigy spun off Agilent (an HP spinoff) and is located there now rather than in the US with HP and Agilent.