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Australia has several jurisdictional issues that make it a haven for corporate criminals. Feature one: compulsory privatised pensions (called superannuation) Australians are forced to save almost ten percent of their salary into lock-box savings accounts that they cannot touch until retirement. I personally have been a beneficiary.
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He cut corporate and personal taxes, reduced or slowed regulation, imposed stricter immigration rules, and took a tougher stance on China, trade, and tariffs. I do not think a corporate tax rate reduction to 15% is on the table, despite Trump’s suggestions, because it’s too unpopular and would make the deficit even worse.
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