The Consequence of Tax on Foreign Investment http://morganisteconomics.blogspot.co.uk/2012/05/consequence-of-tax-on-foreign.html
I think this is why socialism will always fail. If you deter investment from your country then it will isolate you from the world. The expectation of tax reduces the chances of a successful investment. This will make the country that adopts such a policy dependent on domestic financing. Even if you take the largest economy in the world in context if it is separated from the rest of the world it will struggle to succeed. Any thoughts?