Bahrain – the cheapskate of the Gulf

Alert readers may remember that I barfed on the British island of Guernsey a while back for not wanting to contribute to society by paying taxes. Now the tiny Persian Gulf kingdom of Bahrain brings more of the same sleazy egotism.
In a promotion campaign for ”Business-friendly Bahrain”, the country tries to attract investors with the argument ”no corporate tax, no capital gains tax, no withholding tax and no income tax”. And, ”Despite having the region’s most skilled workforce, our labour costs are the region’s lowest”.
So what Bahrain is saying to the already filthy rich is this: ”Invest here! We promise not to make you contribute to boring stuff like the paving of roads, hospital emergency rooms or kindergarten teachers. You won’t even have to pay your workers decent wages. Isn’t it great?”