The uncertainty is what’s scaring people. Who wants to invest in an environment like that?
Here are the top political news stories for today.
Western countries also have tax crackdowns. The difference here is that local governments are under extreme pressure to raise funds due to plummeting land sales. They don’t have many options.
@5P69887Libertarian1yr1Y
Yes, but relying on the wealthy to cover fiscal gaps is risky. They’ll just find new ways to avoid taxes or take their money elsewhere, and China will be left with an even bigger hole.
Join in on more popular conversations.
