“The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it comes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group.” – Franklin D Roosevelt [Source: Think Exist]
Thursday, 10 December 2015
Gulf States to Start Taxing People to Make Up for Oil Revenue Losses
People in the oil-rich Gulf monarchies have enjoyed lavish welfare and near-zero taxes for decades. But with the collapse of oil prices, governments no longer seem able to afford that.