"I believe the US owes itself to create a 21st century tax policy for individuals as well as businesses," Kent told the paper. He also went on to criticize the complexity of the tax code, as well as the fact that American companies have to pay taxes on income earned abroad. The FT adds:
The dissident artist Ai Weiwei has struggled with the Chinese government for years. Earlier this year, the conflict came to a head, when Ai was detained by the government for about 80 days. He was let go under the condition that he would not talk to the press.
The Chinese government has launched an investigation into fake Apple stores that have popped up around the southwestern city of Kunming. As Mark reported, last week, an American expat blogger who goes by BirdAboard spotted what she called "the best ripoff store we had ever seen (and we see them everyday.)"
Planet Money spotted this before us, but it's still an interesting story and there are more developments to pass along today, so here goes:
Kudos to the BirdAbroad blog for this week posting photos and a detailed description of what sounds and looks like an Apple store in the southwestern Chinese city of Kunming — but is in fact a pretty good imitation.