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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?


To: The Wharf who wrote (183)8/30/2012 1:25:56 PM
From: The Wharf  Respond to of 594
 
finance.yahoo.com
'Emergency' Tax on the Rich Roils Britain

But Britain's example can be used by both Republicans and Democrats as fuel for their arguments. Republicans can argue that Britain's tax hike on high incomes didn't help their recovery, since their economy is still weak. Democrats can argue that the austerity measures imposed in Britain have prolonged their recession and that the tax hike was abandoned too quickly.

Either way, the debate over taxing the rich is starting to sound familiar around the world.


It sure is but not a one questions how easy it is to create currency that is causing one end of the earth to inflate dramatically while the other is seeing a certain percentage deflate to the extreme.

Currency creation is not equaling physical asset creation that can benefit a large portion of the world. .