Sunday 9 September 2012

It is the Economy, stupid!

So, let me explain it:

Tax rate increase => Less Consumption => Less Tax income

On top of that

Tax rate increase => Less Consumption => Higher unemployment => Less Consumption and Higher Social Security expenses

Ah! Let me also say that:

Tax rate increase => Less Consumption => Lower Investment => Higher unemployment and low technology renovation of business tissue.

Again, I make myself available to give free lessons on Economics to all the Portuguese Government members. Believe me, it has a positive return on investment for me...

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