Wednesday, October 3, 2012

Spain's Tax Revenues Tumble

At least, according to this story, the tax revenue from corporations:
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.
It should be considered a natural law that socialist governments always kill the goose that lays the golden egg.

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