U.S. SENATOR SAYS HIGH TAXES ARE HOLDING BACK AFRICA’S DEVELOPMENT

zambianobserver.com · economy
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A United States senator argued that high taxes, multiple levies and complex tax codes discourage investment, burden businesses and slow economic development across Africa. He emphasized that the continent is rich in natural resources but many economies are hampered by fiscal pressure. The remarks were published in The Zambian Observer.

U.S. SENATOR SAYS HIGH TAXES ARE HOLDING BACK AFRICA’S DEVELOPMENT. A U.S. Senator has sparked debate over how high taxes, multiple levies and complex tax systems can discourage investors, place a burden on businesses and slow economic development across the continent. He stated that Africa is rich in natural resources, yet many of its economies […] The post U.S. SENATOR SAYS HIGH TAXES ARE HOLDING BACK AFRICA’S DEVELOPMENT first appeared on The Zambian Observer .

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