Spain: Reform Reversal Could Threaten Recovery

Spain

The Spanish recovery from the worst crisis in decades has been impressive and an example for other European countries. In these five years, Spain has been able to recover more than half of the jobs lost during a crisis that was initially denied by the previous administration and afterwards deepened by misguided policies, spending more and increasing structural imbalances. Continue reading Spain: Reform Reversal Could Threaten Recovery →

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Hi, I Am A Globalist Millionaire. Raise My Taxes

On the cover

To whom it may concern,

I am a globalist millionaire and I am appalled at the GOP tax reform. It aims to reduce taxes by $1.5 trillion after the Obama administration raised them by $1.5 trillion. I disagree that this tax cut is giving back to job creators and families the efforts of the past years, because we need more funds.

I am worried that this Tax Reform will increase the deficit, although I was happy to see debt increase by $10 trillion.

I am worried that this Tax Reform will increase the deficit, although I defended deficit spending policies all my life.

I am worried that this Tax Reform will reduce corporate taxes because my corporation lives mostly from subsidies.

I am worried that this Tax Reform will help middle-class families and small businesses because they threaten my rent-seeking business.

Why Globalist Millionaires Hate Tax Cuts:

  • Part of their business is Government handouts or subsidies. Yours isn’t.
  • They can hire top tax experts. You can’t.
  • Tax increases empower governments. Tax cuts empower you.
  • Big Government is good for crony sectors. Not for you.