So let's just say 1 just for simplicity.

If you have a 10 year loan, you'd put 10 here.

clearly visible, like VAT

So what's 1.25 ?

And it has no VAT.

Maintenance, same thing.

Wages contain income tax, costs for fringe benefits and social costs.

High tax and poor sales bankrupted the company.

They make you pay more in withholding just to help their cash flow out.

I learnt many things here.

Mass production?

High tax and poor sales bankrupted the company.

In this example that I did in the previous video, it was the pre tax return on asset.

So I'm not getting interest there.

That equals what?

That's cheaper than today's gasoline, even in the U.S.

A heavy tax shall be levied against all parasites and sponges,

Gross National Product is not the same as Net National Product.

Life was very small for most people.

We could do a series of videos on that.

GDP says look, if it was produced inside the country, we don't care who it's been produced by.

No, it's taxexclusive

A man of wealth has to pay a lot of income tax.

And then on the horizontal axis quantity, produced.

Why didn't they put it into production?

which I find is somewhat ironic.

When legislators and others think about economic development, what they first of all think about are business tax incentives, property tax abatements, job creation tax credits, you know, there are a million of these programs all over the place.

This money is for the year's assessment on the Saint Helen of the Blessed Shroud Orphanage in Calumet City, Illinois.

Taxes consist of direct taxes and indirect ones.

Now let's say I can take this 20 thread and I'll stay with white I can take this 20 thread and I could throw in some more labor

Life begins when you pay taxes.

But that's not how much income we made, because there was a

We've got to reveal the dangers in the product.

And as an economist, we can also look at that side of the story. These are people who are productive agents in the economy.

Just smart people moving bits. Different rules.

2006 was a great year.

And also you can deduct, actually, the property tax.

At the current value of his estate, the inheritance tax will be at least six million dollars.

And to understand it, let's think about how jeans might be produced.

They had their entire lives ahead of them birthdays, graduations, weddings, kids of their own.

What's the most important things you need to do for the business to make the business model work.

Or, another way to think about it is the cost of production.

Four decades later, the world consumes between three and six barrels of oil for every one that it finds.

Production was centralized in assembly plants.

National message. Targeted individuals.