Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
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.
