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06.05.26 - 08:24
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How German Media Became The PR Arm Of The Expanding State (ZeroHedge)
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How German Media Became The PR Arm Of The Expanding State
Submitted by Thomas Kolbe
How does economic growth emerge? Let us turn to Ludwig von Mises, one of the defining economists of the 20th century – and paraphrase his idea: growth arises where private capital is guided in a free market by an undistorted price system. Prices signal scarcity and direct scarce resources to where they generate real value. When this system is distorted by ideological intervention, capital is misallocated – potential growth simply evaporates.
That is the theory. And there is no doubt that the reality of emerging economies has repeatedly confirmed the teachings of the Austrian School. Take Argentina, for example: the economic policy shift under President Javier Milei is leading to a rollback of the state and new private investment impulses. That is how it should be: the state as a rule-setting referee, not a player in the economy.
This thesis meets maximum resistance in German editorial offices. There prevail...
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05.05.26 - 20:57
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"Moderate" Democrat Abigail Spanberger Considers Tax On Gym Memberships And Streaming Services, Among Other Ideas (ZeroHedge)
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"Moderate" Democrat Abigail Spanberger Considers Tax On Gym Memberships And Streaming Services, Among Other Ideas
Virginia Governor Abigail Spanberger is facing backlash after refusing to rule out new taxes on everyday services like gym memberships and streaming subscriptions, according to the Daily Mail.
During an interview with 8News, the Virginia governor was asked whether she would sign legislation expanding the state's sales tax to cover a long list of services. Rather than rejecting the idea outright, Spanberger said any proposal that seems “reasonable” should at least be part of the conversation as lawmakers search for new sources of revenue.
"I think every idea, as long as it's reasonable and makes some amount of sense, should be entertained should be discussed," she said.
"You mentioned the one on streaming services, you used to buy a DVD, there was a sales tax. Streaming is different," she added. "I recognize there is value in having these co...
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