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Brazilians think the US is a good business environment

By corntrollio follow corntrollio   2011 Nov 4, 9:50am 3,580 views   2 comments   watch   nsfw   quote   share    


Actual quote by a businessman who deals in meat production:
http://www.economist.com/node/21528978

As it happens, the cost advantage is shifting towards the firm’s rich-world operations. The strong real makes it more expensive to export from Brazil and the weak dollar is a boon to the American arm. America has other advantages, too. Taxes are simpler and the jobs market is much slacker than in Brazil. “There are more people available who have the right skills and are well-educated,” says Mr Batista.

Less complex taxes, check.
Better job market, check.
Favorable currency, check.
Better cost of business, check.

#environment

1   pkennedy   ignore (0)   2011 Nov 4, 2:54pm     ↓ dislike (0)   quote   flag      

They did a piece in Sao Paulo, where they added up the taxes a company would owe if they paid honestly. It was 167% of gross proceeds. So, uh, yeah. They had some extraordinary red tape.

2   corntrollio   ignore (1)   2011 Nov 7, 8:27am     ↓ dislike (0)   quote   flag      

pkennedy says

They did a piece in Sao Paulo, where they added up the taxes a company would owe if they paid honestly.

And don't forget payments to dishonest parties, i.e. bribes.


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