Thursday, 5 January 2012

Where will Europe’s tax come from in future?

Through all the very interesting news coming from the European financial crisis I found this gem which I feel gives concerning insight into Europe’s future. Not sure where the data comes from, but one can understand the various governments’ inclination to fund budget deficits with loans if you look at this declining ratio of workers to retirees.  While social responsibility is increasing, less people are productively contributing to the economy and paying tax.  



Can governments survive in such and environment?


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