Monday, October 18, 2010

Atlantic Motorboat Crossing

Facta, non verba: transparency and efficiency in spending

Asked for the reasons that led to the private sector (the reader, if not employed by the state and if you understand that taxation is theft) to oppose a higher tax burden, Humberto Lopez, World Bank chief economist said: My experience tells me that in part has been some elements that I think are legitimate for taxpayers, and here come the transparency and efficiency in spending. It is important that when a reform or fiscal covenant is placed on the table not only the need for more resources, but also how it is to ensure that they are well spent and is to be made in a transparent manner .

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