If Greed is Good. Why is it Killing Everyone?
Kansas Soon to Become New "Mad Max" Wasteland.
The Basic Principle of the Economy in Rojava: Involve Everyone in Production
The basic principle of the economic policies of the Assad regime in Rojava was to keep the people poor and deprived in order to maintain their dependence. The Jazira [Cizîrê / Cezîre] and Kobanî [Kobanê] cantons served as ( Read more... )
The Basic Principle of the Economy in Rojava: Involve Everyone in Production
The basic principle of the economic policies of the Assad regime in Rojava was to keep the people poor and deprived in order to maintain their dependence. The Jazira [Cizîrê / Cezîre] and Kobanî [Kobanê] cantons served as ( Read more... )
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"Reduced taxes forced the state to spend less, which could have brought down the overall level of demand for goods and services in the state, the economists believe. "
And lowering taxes as much as possible is exactly what the Repubs In congress want to do. Because it just works SO well. Yay for trickle down economics. RME
P.S. This posted twice for some reason. I have deleted the extra one.
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My understanding is that if a state has a 5% sales tax and a business income tax and a personal income tax. Reducing the sales tax creates the most positive impact on the economy. They will need to make up the difference by increases on business and personal income taxes (so that the state spending on things like schools & roads which also drives the economy isn't slashed).
However the GOP doesn't grok that.
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