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Why Amazon Flip-Flopped on the Internet Sales Tax
Brick and mortar retailers have long complained that state and local sales taxes put them at a disadvantage against Internet-based retailers. When a resident of La Mirada California buys from a local store, they pay a 10% sales tax on their purchase. This includes sales taxes from the city of La Mirada, the county of…
Greco-Communism: The Cause of the Greek Economic Drama
Until recently, there was more socialism in Greece than was ever seen in the Soviet Union. Higher education, stipends and food for students was provided for free by the State. Public sector workers were entitled to fourteen month salaries for a year’s work, in addition to social benefits and various bonuses. Job security was unrivaled,…
10 Terrorists Who Got What They Deserved
Photo by baliweekly 10. Umar Patek Umar Patek was the mastermind behind the 2002 Bali bombing in Indonesia, that saw more than 200 people dead. Previously he was involved in the attacks on churches in Jakarta, which killed 19 people on Christmas eve, in the year 2000. He had been involved with the militant group…
10 Ways Unions Hurt the Economy
Photo by LendingMemo 1. They Limit Jobs Labor unions act like cartels in the way they seek to restrict the number of workers in companies or entire industries in order to drive up the wages of remaining workers. Of course this means less jobs for everyone else and an increase in labor costs for that…
10 Reasons Why America Truly Is Exceptional
Photo by ali eminov 1. America is exceptional in its stance on civil liberties America is exceptional because prior to and after Americans achieved independence, they showed that they really did take their freedoms seriously. The first English colonies in North America had been established by the people who wanted to get away from the…
How Sanctions are effecting the Russian Economy
Keith Farrell The downing of Malaysian Airlines flight 17 has raised tensions that seemed to be cooling between Vladimir Putin’s Russia and the West. Western leaders have threatened to levy additional sanctions against the Russian economy as finger pointing over the incident continues. The West has joined together to decide just how to punish Russia,…

