Reuters somehow can't recognize a 100% tax rate even when it is right under their noses in their own article. Reporter Marc Frank apparently thinks that going to a 35% tax rate would somehow be more of a burden for Cubans than their current tax rate which is 100%. Frank even wrote about the 100% tax rate but absurdly didn't recognize the fact that total confiscation of revenue is the same thing:
Under the old system, large and small state-run companies, which accounted for more than 90 percent of economic activity, simply handed over all their revenues to the government, which then allocated resources to them.












