taxes

Bad debts is usually considered a bad thing. When a person has a huge amount of bad debt, they usually have a much harder time dealing with their finances. Companies or individual who have a big amount of bad debts usually end up borrowing more loans in order to pay the money they borrowed in...

A study shows that higher tax rates are associated with fewer formal businesses and lower private investment. A percentage point increase in the effective corporate income tax rate reduces the likelihood of establishing a subsidiary in an economy by 2.9%. The concept of taxation is also...