Posts Tagged ‘Tax’
Vatican banker: Higher taxes won’t solve economic crisis
Friday, September 2nd, 2011
The president of the Vatican Bank, Ettore Tedeschi, recommends avoiding ‘deceptive simplifications’ when trying to find solutions to the world’s economic crisis. The Vatican banker warns that higher taxes are not a solution to the current economic crisis and that higher taxes merely create a higher level of public spending. Rather, he said, ‘authentic global solutions’ Read more