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Brazilians think the US is a good business environment


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2011 Nov 4, 9:50am   3,932 views  2 comments

by corntrollio   ➕follow (0)   💰tip   ignore  

Actual quote by a businessman who deals in meat production:
http://www.economist.com/node/21528978

As it happens, the cost advantage is shifting towards the firm’s rich-world operations. The strong real makes it more expensive to export from Brazil and the weak dollar is a boon to the American arm. America has other advantages, too. Taxes are simpler and the jobs market is much slacker than in Brazil. “There are more people available who have the right skills and are well-educated,” says Mr Batista.

Less complex taxes, check.
Better job market, check.
Favorable currency, check.
Better cost of business, check.

#environment

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1   pkennedy   2011 Nov 4, 2:54pm  

They did a piece in Sao Paulo, where they added up the taxes a company would owe if they paid honestly. It was 167% of gross proceeds. So, uh, yeah. They had some extraordinary red tape.

2   corntrollio   2011 Nov 7, 8:27am  

pkennedy says

They did a piece in Sao Paulo, where they added up the taxes a company would owe if they paid honestly.

And don't forget payments to dishonest parties, i.e. bribes.

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