Lowered taxes has Israel expecting $1.3 billion surplus
In a master course on conservative politics combined with grade school level economics, Israel is demonstrating that cutting taxes to encourage spending and business growth can yield tremendous revenue for a country. Prime Minister Benjamin Netanyahu is heralding the tax cuts as an example of growth stimulation through improving the economic environment versus the counterargument of taking more from the people.
Perhaps the most enigmatic part of Israel’s booming economy is that they are doing it while being targeted by hate groups, entire countries, and even the United Nations through boycotts, divestments, and sanctions.
— Young Conservatives (@YoungCons) September 6, 2015
— Μολὼν Λαβέ (@M0L0NL4BE) September 6, 2015
It’s crazy how basic economics works.