The International Monetary Fund has the answers to wide inequality in the world. They note it can slow economic growth but they know how it can be fixed - raise property taxes, tax the rich more than "others" and raise the eligibility age for government retirement programs (aka Social Secuirity et al). Being the proverbial "Big Brother," the believe (really?) that using tax and spending policies will reduce inequality. This is called "income redistribution."
We read more and more nonsense as time goes on.
You're not seeing the story about the battle Ireland is engaged in. Their corporate income tax rate is 12.5% while other countries are higher. In the U.S., for example, it is about 40%. Now, if you have a little bit of savings, where would put it? Where you keep more of it or less of it?
The European Union is not happy with Ireland. Nor is POTUS. The pressure is on Ireland to fold. Those in the know in Cleveland believe they will. I hope they don't.
We read more and more nonsense as time goes on.
You're not seeing the story about the battle Ireland is engaged in. Their corporate income tax rate is 12.5% while other countries are higher. In the U.S., for example, it is about 40%. Now, if you have a little bit of savings, where would put it? Where you keep more of it or less of it?
The European Union is not happy with Ireland. Nor is POTUS. The pressure is on Ireland to fold. Those in the know in Cleveland believe they will. I hope they don't.
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