"Libertarian economic theories hold that tariffs are a harmful interference with the individual freedom and the laws of the free market".
Tariffs, in any country, can have possitives and negatives effects. But this depends in the way that you see it.
In my opinion tariffs can have a negative consequence, if we base in that we are spending a lot of money that we can use for many other things.
But a positive consequence is that all this money, can be used by the country to improve some instalations in the cities.
MOST IMPORTANT TARIFF-> TAXES!!!
Taxes are used by the government for many things. Such as: war, the enforcement of law and public order, protection of property, economic infrastructure (roads, etc.), public works, social engineering, the operation of government itself, education systems, health care systems, pensions for the elderly, unemployment benefits, public transportation, etc.
In few words, taxes, in most of the countries (where they use the money correctly) is very efficient because with this money, the government improves all kinds of "disadvantages or mistakes" that a country can front.
Tuesday, September 29, 2009
the T word!
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