General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Henry Law
TLDR News EU
comments
Comments by "Henry Law" (@henrybn14ar) on "Why Germany is Still Divided 30 Years Later" video.
Regional economic imbalance is inevitable when tax systems ignore the effects of geographical advantage and disadvantage. The disadvantaged locations are below the margin at which profitable economic activity can take place. This is an example of Ricardo's Law of Rent, which is, apparently not taught in most economics courses.
11
The tax system makes matters much worse.
3
Germany should get out of the Euro and have its own currency, scrap VAT, raise the tax free earnings allowance, and introduce a national land value tax. That would fix the problem as much as it can be fixed.
2
It is made much worse because tax systems ignore the differences, apart from national property taxes.
1