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Smith 2y ago

Nayib Bukele has just signed into law new Innovation and Technology Manufacturing Incentives Act.

El Salvador now has no tax on income, property, capital gains and import tariffs) on technology innovations, software and app programming, AI, computer and communications hardware manufacturing.

This and the upcoming Bitcoin City make this country very attractive indeed.

https://feedly.com/i/entry/lSCeQryoIaWbgsFxC9qxCuqvZtBBW9kgCBci7y5+T18=_187ee261887:3fbf585:c51640ac

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wallflower 2y ago

new yorker did a piece on him last year, not entirely convinced. country has a LOT of problems. life will perhaps be good for rich immigrants coming into chase tax breaks. the normal citizens will be living in a police state.

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Smith 2y ago

Yes they have issues but it sounds like they are addressing them. Worth a visit to see for myself.

Also have a listen to this episode of Rapid Fire Bitcoin

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wallflower 2y ago

will do, interested to look at your posts if you end up visiting