The study took into consideration the relative corporate income tax, capital tax, sales tax, property tax and miscellaneous local business tax burdens of those countries, along with the statutory labor costs.

FORBES: The Most Tax Friendly Country In The World Is.... (Spoiler Alert: It's Not the U.S.)

First, most costs (other than the purchase price of items and repair materials) become miscellaneous itemized deductions, usable only to the extent they exceed 2% of his adjusted gross income.

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