Tax large sports teams to help support smaller ones
You know, like they do to people.
by HADRIAN ION Sep 17, 2020 2 Comments 2 Links
#baseball, #basketball, #entertainment, #football, #hockey, #money, #soccer, #sport, #sports, #tax,
You know, like they do to people.
by GEO RGE Feb 18, 2023 3 Comments 3 Links
#economics, #economy, #government, #inflation, #money, #policy,
High rates of inflation are caused by the government’s increasing the money supply too rapidly. A growing economy always has a growing demand for money because with more stuff to buy, you need more money with which to buy it. To keep the overall level of prices constant, increase the money supply at the same rate that demand is increasing. If the supply of money increases faster than the demand, the value of money falls, creating an inflation. I recently encountered this idea again in this populist book: https://www.dummies.com/book/business-careers-money/business/economics/economics-for-dummies-3rd-edition-282166/
by Steven Bowker Feb 14, 2023 3 Comments 3 Links
#bitcon, #blockchain, #crypto, #currency, #digitalcurrency, #finance, #fintech, #globalcurrency, #money, #technology,
Don’t shoot! Just an opinion I heard being thrown around. Though the underlying idea of supporting a cause for the good of the many comes into play, some would say this is as bad as corporate protectionism – and therefore anti-capitalist corruption. Couldn’t Bezos and Musk pay for space exploration with the money we already gave them?
Now is the time to start taxing big sports earners fairly… https://blogs.lse.ac.uk/covid19/2020/06/15/help-all-sports-clubs-now-tax-professional-clubs-later/
Not likely – currently ManUnited are likely to get govt (our) money, like they need it….