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Tax hikes creates endless cycle of debt
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=VcsKX-3ruJc
Tax hikes create endless cycle of debt Taxes, Economy, Sri Lanka the Endless Cycle of Debt • Sri Lanka has decided to increase the Value Added Tax (VAT), this time by 3%, from 15% to 18%. Against this backdrop, it's worth listening to this clip from the hit TV show The West Wing . • This is Senator Arnold Vinick, a fictional U.S. Senator, during a presidential debate, explaining how the West urges countries like ours to raise taxes to generate more revenue to repay the loans we've taken, resulting in countries like ours being trapped in an endless cycle of debt. • Isn't this what Sri Lanka is doing right now? • #SriLanka #VAT
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