SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Snowshoe who wrote (77786)8/15/2011 3:57:56 AM
From: elmatador1 Recommendation   of 217894
 
Countries pay to get the level of well being they want. The payment is taxes. It works like that: Countries want to travel first class and pay huge taxes.

Countries that cannot raise enough taxes, travel economic class.

There a times given a set of circumstances, countries raise a lot of taxes and the majority of people move from Economic to business, and business to first class.

That happened to the US last century. Then taxes revenues diminished. The US tried to keep who was in first class, there, business class was not downgraded and economic class was kept flying and was not be left stranded.

Without the taxes the transfer payments from the federal government to states and local governments, there will be general downgrade of the passengers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News