taxfreedom

Tax Freedom Day that is calculated and promoted by Liberalni Institut every year in the Czech Republic, was celebrated on Saturday, 9th June 2012. This result indicates six-day improvement compared to the last year, i.e. the Czech taxpayers must work 160 days to cover expenditures of the general government. In 2011, the obligation was 165 days (one day difference is due to leap-year). Tax Freedom Day is an indicator that divides the year into two…

FE_13

Why the zombie banks aren’t stressed by stress testing, about Austrian Japanese, and about how difficult life the Spanish banks and especially Spanish bankers have. And that Trichet, even though he uses bad economic theories and non- functioning economic models, doesn’t regret anything. When it comes to solving the crisis in Europe, many people use the example of the USA, where central bank during the crisis provided the whole financial sector with guarantees, which apparently…