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Economics Explained
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Comments by "" (@shauncameron8390) on "The Real Reason For France’s Pension Protests | Economics Explained" video.
<How about OWNERSHIP ECONOMY!!!??> And watch average people crash it.
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Not really.
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The people are too fickle and unreliable to be served.
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Just ask Greece.
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Yet pay more taxes than most of the rest of humanity have earned in the past year.
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@aryalamge3778 That's because the wealth tax did nothing but chase out the best and brightest while not collecting the revenue they thought it would generate.
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Not really.
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Nope.
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Only to tax everyone else.
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All because they were scared of Le Pen.
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And then what happens when there are no more rich to tax to fund said UBI?
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@silenthawkstudios9924 China only got rich after Deng implemented market reforms and the West shipped out all of its manufacturing jobs. Cuba was one of the wealthiest countries in the Americas under Batista. Castro set the country back. Vietnam did like China and implemented market reforms. Russia (USSR) fell as fast as it rose once the oil prices dropped and all of its other industries were left to crumble.
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Simple. Who wants to be a country with no tax base?
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