Saturday, January 19, 2008

Simple Trends

Ireland is in the midst of a fiscal renaissance, and it started with doing what with taxes?

There is a little thing that every retailer is able to comprehend, and it so often escapes government types. If you lower your prices a bit, you will end up making more money in increased volume of activity. That's why stores have sales.

Every time taxes are lowered, economic activity picks up. It becomes more attractive, more profitable, to move capital into play where the ROI is greater. Unfortunately, our government has a history of spending like drunken sailors, so the increased revenue is quickly pissed away.

Maybe this model will be noticed by France and other tax first, wonder why there aren't any jobs later crowd.

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