Low taxes, land of opportunity.

It starts off with much smaller differences in earnings before tax.

Revenue Canada.

Australia, for example, is heavily dependent on exporting iron ore and natural gas to China.

So much for the border.

The authorities are waiting on the main road.

That's 9,000.

The people groaned under the burden of heavy taxation.

The king imposed heavy taxes on his people.

They charge tax on liquor in the U.S.

Because I got three little letters for you. IRS.

That means we want to recognize and rule out bad programs.

All the parts of the document in red are not intelligible.

So for example, numerous research studies have shown if you look at what really drives the growth rate of metropolitan areas, it's not so much low taxes, low cost, low wages it's the skills of the area.

(Laughter)

He governs the places.

This process costs 60,000 dollars.

And so we allowed multinationals into India.

We give foreign tourists the privilege of tax exemption.

The netherlands, one of the Iow countries.

Each one takes his own with him... and demands a toll when another wants to enter.

We're being audited by the tax authorities.

No, it's taxexclusive

Will geeks become endangered species?

So there's some problem with these metrics now.

High tariffs have become a barrier to international trade.

And if you look at these figures for the more developed markets

Suddenly, 25 dollars for a Big Mac might be a good deal.

Taxes consist of direct taxes and indirect ones.

Now, I happened to be in Times Square that night doing a comedy show.

Some European countries don't computerise customs records.

The bank is on my back, the IRS is grinding me down to a nub. If I don't keep up...

In Japan the ceilings are quite low for foreigners.

So... What's the deal?

So, physical access what does that mean?

The people did not reach consensus on taxation.

They have here Singapore.

Each year, one in 10 taxpayers receives a notice from the IRS.

Our tax system is still without coherent philosophy.

In ancient times all the kings burdened the people with heavy taxes.

Tax officials are zeroing in on income tax evasion.

So let's just say 1 just for simplicity.

Taxes?

What's the minimum wage in your country?

If you have a 10 year loan, you'd put 10 here.