Demowp

Tag: Tax

  • Pakistan Under Global Scrutiny

    International reports of the last five years indicate that bad governance within Pakistan is gaining continuous attention of the watchdogs, lenders, and investigative media. The issue of governance in Pakistan has become a global concern where economic pressures, political strain and restriction of free expression started to meet. The HRW and Amnesty International reports allege […]

  • President Trump: Give Back the Money and Stop Grabbing More

    The White House and Congress can and should provide relief to American families who bore the costs of these illegal tariffs. The administration has the responsibility to design such relief. You took the money illegally; now you should return it. President Donald Trump, you took funds from the American people that were never yours to take. […]

  • How Australia’s Tobacco Excise Produced Crime

    The cutting of pleasures, the trimming of delights and telling people how they can enjoy life, is the sort of thing that will be tolerated, up to a point. Otherwise liberal countries do suffer moral convulsions, be it about sex, drug taking, smoking and boozing. Regulations and laws are inevitably passed, much of it tolerated. […]

  • Considerations on the Morality of Donald Trump

    In an interview with the New York Times, when asked if there were any checks on his powers on the world stage, Trump replied: “Yeah, there is one thing. My own morality. My own mind. It’s the only thing that can stop me.” A voice jumps in to ask: “Not international law?” “I don’t need […]

  • Conceptual Model of State Collapse

    Summary A minimalist conceptual model of the state is presented in which the fundamental basis of state existence and continuity is the flux of produced resources between producers and the needed state apparatus, while contending with powerful domestic non-state actors and foreign challenges. External conditions that reduce per capita production threaten state continuity, and the […]

  • Compound Interest Is Devouring the Federal Budget

    Compound Interest Is Devouring the Federal Budget

    Albert Einstein is often quoted as saying that compound interest is “the most powerful force in the universe.” The quote is probably apocryphal, but it reflects a mathematical truth. Interest on earlier interest grows exponentially, outrunning the linear growth of revenue and eventually consuming everything. That is where the United States now stands. The government […]

  • Trump’s Whims on Tariffs and Trade Deficits

    “Trump’s tariff formula explained: How rates were determined for each country” IMAGE/USA Today/Duck Duck Go Tariffs Tariffs are a tax imposed on imported goods to protect local industries in order to be self-sufficient and thus avoid being taken advantage of. For a very long time, Britain charged tariffs on many items, only in 1860 were […]

  • Let’s Shift Federal Subsidies to Loans After 1 Year, Starting With Oil/Gas Industry?

    Let’s Shift Federal Subsidies to Loans After 1 Year, Starting With Oil/Gas Industry?

    The origin of federal subsidies—to businesses, industries, farmers, national infrastructure—began with our country’s first Congress (1789) approving startup financing that banks and other sources couldn’t or wouldn’t provide. The idea then (and now) was that if these investments were successful, they would trigger other enterprises. Subsequent jobs would follow, feeding consumer spending, and, ultimately, federal […]

  • Is Capitalism Reaching the End of the Road?

    Capitalism is fast becoming so unpopular that the money-grubbing old autocrat in the White House wants to protect it by promising to investigate and prosecute anyone who speaks against it. Free speech be damned. But Milton Friedman said Capitalism and Freedom go together.  So, we will use some of that fast-disappearing freedom to comment on the […]

  • Janissary Words

    Kidnapped words are the Janissaries of campaigns to promote an invented reality. Their original identities are obliterated. Worse, unlike the Ottoman Janissaries, figments of the past identity can be retained when its resonance is considered helpful. Words are kidnapped for two reasons. One is to slay them; the other is to exploit them. American politics […]

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