The biggest review of taxation ever undertaken in this country, is now dead in the water.
Greece is an extreme case: a country where both the level of spending and the level of taxation were unsustainable!
Look at countries like China, they are determined to dominate all clean technology areas, putting lots of money into wind, solar, electric vehicles and battery storage. America's political impotence, caused by their terrible partisanship, will see them left behind.
One of the most important things for a country, particularly when it's seeking to attract long-term capital in big risky projects that are going to have a payback over many years if not decades, is to be seen as being a predictable environment where tax changes will be few. But if they are going to come about they'll come about in a way that you know is predictable, understandable.
Follow AzQuotes on Facebook, Twitter and Google+. Every day we present the best quotes! Improve yourself, find your inspiration, share with friends
or simply: