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The quiet exodus: Brain drain in Guam and the compensation crisis that is driving talent away
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The quiet exodus: Brain drain in Guam and the compensation crisis that is driving talent away
When traditional employment disappoints, entrepreneurship is the classic American alternative. On Guam, that path is significantly harder to walk. Guam’s business privilege tax is levied on gross receipts—not profits—at rates of 3 to 5 percent. A business pays tax before it knows whether it has turned a profit.
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