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Monday, July 31, 2006

More Tax Atrocities in Neo-Soviet Russia

Sharp & Sound reports that Russia is using bogus tax claims to take over the last remaining oil pipeline in Russia that state-controlled TRANSNEFT does not already have.

Russia has totally abandoned any notion that it has the rule of law, meaning that foreign investment is out of the question and corruption is the status quo in the domestic economy. Even a diverse and vibrant developed economy like the U.S. could not survive this kind of environment, so what chance does Russia have?

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