This mini-documentary from the Center for Freedom and Prosperity discusses the global flat tax revolution. There are now 24 flat tax jurisdictions (actually 25, but we didn't know about Trinidad & ...
This mini-documentary from the Center for Freedom and Prosperity discusses the global flat tax revolution. There are now 24 flat tax jurisdictions (actually 25, but we didn't know about Trinidad & Tobago when the video was filmed), a remarkable development given the ideological opposition to tax reform from special interest groups and class warfare advocates. The six-minute video explains the key features of the flat tax revolution and highlights the reforms in Hong Kong, Estonia, and Iceland. The flat tax revolution has been especially strong in former Soviet-bloc nations, a rather ironic development since a so-called progressive income tax was a key tenet of Marx's Communist Manifesto.
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The purpose wasn't a trickle down effect, it was to keep the economy from completely collapsing. Small business doesn't exist without loans from large banks, the bailouts were designed to let the large banks stay in business so they could continue lending money to small business owners or people wanting to start a business. Tax cuts for small business would not have prevented a collapse.
No the problem is they are proping up these failed companies by wasting even more money. Companies can't become profitable again until they restructure. The way to do that is go bankrupt. Don't listen to mainstream politics.
Does somebody have a rope to lynch this fuck, im a icelander and due to this pompus asshole and other fanatics that worpship milton friedman iceland is ruined
Your economic illiteracy is evident, government intervention in the economy caused the collapse not Friedman's policies which explicitly reject government interference,
Google: "Iceland's Banking Crisis: The Meltdown of an Interventionist Financial System"
Personally, I appreciate the information, because it is exactly & only that, information - Now, what an individual Does with that information is far more important - (BTW-ANY response to those individuals who are unable to express themselves w/out vulgarity only promotes their posts)
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Google: "Iceland's Banking Crisis: The Meltdown of an Interventionist Financial System"
(BTW-ANY response to those individuals who are unable to express themselves w/out vulgarity only promotes their posts)