will scrap capital gains tax on long-term direct investment from 2011, President Dmitry Medvedev has said. […] Mr Medvedev told the St Petersburg International Economic Forum that long-term direct investment was “necessary for modernisation”. […] Its oil revenues fund, which has been financing the deficit, is expected to end next year, and the government wants to attract more foreign investment to boost the economy. Russia
Attention Tea Party Groups, Right Wingers and other such Ilk,
You have to admit it - this must sound attractive to some of those folks. Maybe its time for some of them who can’t stomach American democracy to pack up and move. Just saying.