Friday 13 January 2012
Public Debt Explained in a Few Minutes, and If You Don't Have Tax Enforcers Taxes Don't Get Paid
An interesting explanation of public debt from Le Monde with English subtitles. The context is European but the principles apply on this side of the Atlantic too
And here's the link to another aspect of public sector cuts: if you don't have employees at IRS (or in in Canada the CRA) to make sure people pay taxes, they won't be paid and the debt gets worse.
And here's the link to another aspect of public sector cuts: if you don't have employees at IRS (or in in Canada the CRA) to make sure people pay taxes, they won't be paid and the debt gets worse.
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