Showing posts with label Less gov more prosperity. Show all posts
Showing posts with label Less gov more prosperity. Show all posts

Monday, December 9, 2013

Evil

I've missed a lot since deer season began; one thing I noticed was a discovery of absolute evil.

Detroit's War on Small Business
Amidst a bankruptcy and a fast-dwindling population and tax base, the city has prioritized the task of ensuring that all businesses are in compliance with its codes and permitting. To accomplish this, Mayor David Bing announced in January that he'd assembled a task force to execute Operation Compliance.

Operation Compliance began with the stated goal of shutting down 20 businesses a week. Since its inception, Operation Compliance has resulted in the closure of 383 small businesses, with another 536 in the "process of compliance," according to figures provided to Reason TV by city officials.
How can that be any good for anything at all?

Is it not just blatant destruction of society?

Thursday, November 29, 2012

More Government = Less Prosperity, British Example

Millionaires and their wealth are not just fleeing Hollande’s France, with its new 90 percent top rate tax. They’ve also been escaping Britain’s 50 percent tax too. As The Telegraph’s Robert Winnett reported earlier today, “almost two-thirds of the country’s million-pound earners disappeared from Britain after the introduction of the 50p top rate of tax.”
In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs. This number fell to just 6,000 after Gordon Brown introduced the new 50p top rate of income tax shortly before the last general election.
Since George Osborne announced a reduction of the top rate to 45 percent in his April budget “the number of people declaring annual incomes of more than £1 million has risen to 10,000.” This is a figure still significantly below earlier levels, and it will be a huge challenge for Britain to recover its lost wealth. As Conservative MP Harriet Baldwin puts it, “Labour’s ideological tax hike led to a tax cull of millionaires,” costing the UK around £7 billion in lost tax revenue.

-The Telegraph

h/t: Cogitans Iuvenis

Wednesday, November 28, 2012

More Government = Less Prosperity, Spanish Evidence

Spain offers residency to anyone buying a home worth more than 130,000 pounds in bid to save its housing market

A declining economy and no one buying houses? Who would have guessed that such a thing would occur with socialists in charge?

h/t: Free Northerner

Spain plans to offer foreigners residency permits if they buy houses worth more than 160,000 euros - approximately £128,500 - to try and reduce the country's bloated stock of unsold homes. 
Spain currently has more than 700,000 unsold houses following the collapse of its real estate market in 2008.


Read more: http://www.dailymail.co.uk/news/article-2235318/Spain-offers-residency-buying-home-worth-130-000-bid-save-housing-market.html#ixzz2DXIaOmbe
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