Economics Class

Tariffs

A tariff on imports is basically a tax on goods that come into the country. In and of itself a tariff is detrimental to the economy. Tariffs subsidize some producers and tax the customer. Tariffs may also reduce exports. For example, due to the taxes on imports, the customers from country A may not buy the goods from country B… Continue reading Tariffs

Economics Class

Indoctrination, The Government’s Education

When we hear of schools being supported by government taxes we accept it as normal. Almost every country has these tax-supported schools which are supposed to benefit the public. But if we hear of tax-supported churches we are amazed and wonder what new absurdity this is. One would think that the government should not take tax money from… Continue reading Indoctrination, The Government’s Education