The Golden Rule
The person who has the gold makes the rules.
Today, the rich make the rules, which is why the rich are getting richer.
Voodoo Economics Or The Trickle-Down Effect
One monetary theory encourage tax laws that favor the rich - the idea being, if the rich had more money, they would invest it, thus creating more jobs. Money would trickle down to the poor and middle class. While it sounds good in theory, and while some money does trickle down, the net result is the money stays in the hands of the rich.
Most governments give tax breaks to those in the Business quadrant because they provide jobs.And government offer tax breaks to the Investors quadrant because they invest their money back into the economy.
Special tax breaks are usually given to people who invest in real estate and oil because every country needs housing and energy.
Today, the rich make the rules, which is why the rich are getting richer.
Voodoo Economics Or The Trickle-Down Effect
One monetary theory encourage tax laws that favor the rich - the idea being, if the rich had more money, they would invest it, thus creating more jobs. Money would trickle down to the poor and middle class. While it sounds good in theory, and while some money does trickle down, the net result is the money stays in the hands of the rich.
Most governments give tax breaks to those in the Business quadrant because they provide jobs.And government offer tax breaks to the Investors quadrant because they invest their money back into the economy.
Special tax breaks are usually given to people who invest in real estate and oil because every country needs housing and energy.
