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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: David S. who wrote (5725)	8/20/1998 7:46:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 9980

David S., From news reports, Russia doesn't seem to be able to administer and make collections for an individual tax system....flat taxes might make it easier to fill out the forms. If companies do collect taxes...they don't seem to make it back to the government. Then you have the problem of simply paying these people for the work they do. If they do get payed it is probably under the table..? I don't know...let them experiment with a Currency board....atleast the international players will have something to chew on. And the IMF can count it's money as "...the national money supply expands or contracts through the inflow or outflow of reserves."