Category Archives: World economy
Bigger income tax doesn’t work; fairer does
According to some sources, Top Gear star Jeremy Clarkson makes £2 million a year. Sounds like a large amount of money, but the sad truth is, he only sees less than a half of it. According to a tax calculator, … Continue reading
Posted in UK economy, World economy
Tagged capital gains tax, Estonia, flat-rate income tax, income tax, Jeremy Clarkson, tax, taxation, taxes, Warren Buffet
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Cuba, part III: The “people’s” economy
If you haven’t lived in a communist regime, the basics of economy in such a country as Cuba do seem utterly strange, perhaps even idiotic. The reason for that is—they are. Cuba is a totalitarian country and most of its … Continue reading
Posted in Personal, Travel, World economy
Tagged casa particular, Castro, communism, convertible peso, Cuba, Cuban economy, Cuban government, Cuban peso, CUC, CUP, economy, government control, moneda nacional, paladar, private enterprise, socialism
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