So here is why the economic crisis occurred.
Say you want to give a service to your citizens which has a value 10'000 Euros. For example, a new road, a new sewer, health clinic, unemployment centre, etc
From these same citizens you collect tax for it of a value of 10'000 Euros and build or supply it = everybody is happy!!!
From these same citizens you collect tax for it of a value of 9'000 Euros and build or supply it = everybody is happy today BUT your children are screwed in the future!
That is it.
Sunday, January 29, 2012
Subscribe to:
Comments (Atom)
