It would be easy to write off the attitude of both as ‘only little earthlings pay taxes’, but the current taxation system allows them to get away with it.
The result didn’t end the constitutional uncertainty surrounding the UK and elsewhere. It has merely elongated it.
Understanding the world of finance is not easy. The key concepts can be so thoroughly counter-intuitive that the best way to explain them is by means of an allegory. For instance, the economics blogger, Frances Coppola, tells the tale of a mysterious shoebox to explore the idea of fractional reserve banking; while on the EconoMonitor […]