EXCERPT: “Spain’s corporate tax take has tumbled by almost two thirds from pre-crisis levels as small businesses fail and a growing number of big corporations seek profits abroad to compensate for the prolonged downturn at home.”
EXCERPT: “Rajoy has passed 65 billion euros ($84 billion) of austerity measures including public sector wage cuts and consumer tax hikes . . .” (HINT LIBS, Tax hikes are NOT austerity measures.)
Once again we see the demise of socialism, that takes and takes and takes until, as Lady Thatcher noted, “they run out of other people’s money.”
As we Conservatives have noted time and time again, when you have and foster a GOOD BUSINESS CLIMATE, they will come, jobs will grow, revenue will fill the treasury, and all will be well.
Gee, it is possible that Ronaldus Magnus’ quote of: “a rising tide floats all boats,” IS RIGHT!? Oh the Humanity for the Keynesians!