Cost of business: The big salaries that American...

File Cabinet

January 04, 1998

Cost of business: The big salaries that American executives make and the amount of taxes corporations pay make the United States the second-most expensive country for starting or operating a business, reports the Economist Intelligence Unit, a business information firm. Germany, which has high wages and taxes, is the most expensive country. Belgium is in third place, followed by Britain and France. The cheapest country for setting up or running a business was South Africa.

Lease or buy? This is the golden age of auto leasing, according to Automobile magazine, which predicts leasing will account for at least 30 percent of new cars and trucks produced during 1998. The magazine says leasing may work for shoppers who don't want to put a lot of cash down, want lower monthly payments and like to drive a new car every few years.

Your computer: More gadgets coming this year.2d

Pub Date: 1/04/98

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