Friday, March 27, 2009
Macedonia
I find it both amusing and scary that the country of Macedonia, which is nestled in the Balkans, is advertising on TV in the United States for foreign investment and the relocation of businesses. It boasts a strong infrastructure, educated workforce, and low taxes! Twenty five years ago we would be laughing. We would be wondering if it was some kind of Saturday Night Live comedy skit. But now, this isn't funny. This is scary! By the way, Macedonia has instituted a flat tax of ten percent. That is down from the twelve percent it was a couple of years ago. It appears the United States is going in the exact opposite direction.