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The author is an American who knows the American tax system very well and he spends a few weeks in Norway interviewing notable entrepreneurs such Dalmo, Sujit among others who have invested in Norway and they feel a social duty to pay taxes.
While the author has tried to give objective analysis of the two tax systems, he is obviously consumed with the Norwegian tax system. The picture he paints in throughout the article is a social system in Norway that is foolproof to any tax evaders. All we wants to bring out is that every Norwegian is happy and contented with the taxes that they pay despite the rates being among the highest systems in the world. It is also ironical that as Norway continue to sail in the glory of entrepreneurial success; the U.S under President Obama bragging that the administration had passed. The article is well researched and well written and makes pertinent issues that are important for economic and social development of countries. Together with a touch of humor, the writer captures the imagination of the reader. He makes the reader to want to have another article. I would surely read another article from the writer since he seems to understand the life style and the effects of taxation on social and economic development very well.
Much has been written about taxation and how tax rates affect entrepreneurs in a given country. Taxation is a hot topic among people both employees and employers. The articles that I have read about taxations did not give explicit and clear comparisons and analysis backed with actual examples on how higher taxes can improve the government’s provision of services to the people. There are however, a number of articles that support the argument of the writer that higher tax rates would sometimes lead to better services if tax payers and the government agreed on the provision of social welfare services such as health, education, and other benefits to the people. When
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This report aims at explaining the major challenges that business start- ups in China face. It will critically evaluate and analyze the challenges and make recommendations on how these challenges can be overcome. The report will cover the following; the introduction, the main challenges facing start- ups in China, conclusion, and recommendations.
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