January 1, 2019
Chile has been historically isolated on account of its geographical and financial characteristics, with roughly ninety eight% of all its imports arriving through ports. For those who take a look at a simple chart comparing annual economic development rates since WWII and the highest marginal revenue tax fee since that point (roughly from the Nineteen Forties to at present), we see that decrease taxes do not correlate with higher growth rates.
I consider that our government spends quite a lot of time specializing in these points, issues that, in reality, only have an effect on a small portion of the population, as a substitute of focusing in laying out financial reforms that can make us even stronger.
The orthodox and revisionist research that dominated the early years of the Chilly Battle blamed the Soviet Union and the Usa respectively for making an attempt to impose their very own political and financial ideologies upon Europe and the world.
The present federal price range deficit was caused primarily by pointless wars and related military spending, the worst economic downturn since the Thirties, and large tax cuts and bailouts for the wealthy, all stemming from the Bush administration.
We analyse the background to …