November 14th: House Judiciary Committee Hearing Thread

[DeadMoneyDad]

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Is the 2% tax on deposits competitive with the tax rates of jurisdictions like Antiqua, Costa Rico and Isle of Man?

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I have no idea about other tax rates, but I would think the 2% tax would be more than offset by reduced costs to the sites from access to standard secure payment providers.

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A higher US compliant "tax" doesn't harm off-shore interests but simply raises the bar of entry for US based interests, infact favors such interests in an economic competiveness perspective.



D$D