Friday, February 21, 2014

The Economist | Companies and the state: Plucking the goose

The Economist
Companies and the state
Western governments are still over-regulating companies; their economies will pay the price

LOUIS XIV's finance minister, Jean-Baptiste Colbert, believed that "the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing." It isn't just taxation that has rich-world companies hissing these days, but rhetoric and regulation as well.



Sent from my iPhone

No comments:

Post a Comment