Pay Dirt - 7 Important Concepts To Comprehend About Money

Pay Dirt - 7 Important Concepts To Comprehend About Money

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So, it seems that I've started a joy series without really planning to! I've blogged about the secret lives of happy groups and how restricting choices actually makes us happier.and today's post is about the evolution from shallow, short-term happiness to lasting, meaningful joy.



The Greeks had two systems of taxation. One was liturgy where wealthy residents unselfishly contributed more to the federal government than they were needed to. The other system was "tax-farming" which had a long and vibrant history. Tax farmers were personal contractors who bid at public auction for the right to collect a certain tax, such as a harbor tax, an inn tax, or a sales tax. With accurate records from prior years, and barring some calamity, the amount of tax revenue expected could be accurately calculated. Business was risky, but appears to have paid. In the city-states, tax farming proved superior to government tax administration. The private man did a better and more cost-effective job of collecting taxes.



However if you're taking money from the government, you can't keep an eye on it. and that's the No. 1 factor why a federal bailout of papers is a terrible idea. If there were a screening system, even. a type of buffer board in between to protect the journos from the politicos. it does not take much creativity to envision a time when a congressperson or staffer or bureaucrat will put the pressure on behind the scenes to attain positive coverage or fend off unfavorable protection, utilizing the threat of a curtailed subsidy. Newspapers would forfeit whatever shred of public trust they have remaining.

In conclusion, I did not see the advantage of doing a program like this unless you are doing this as a small part of your investing portfolio (perhaps 20% of your realty investing) over just doing a rental or a rent-to-own. I understand the philanthropy and humanitarian benefits , but the mathematics to me does not make good sense.

Called Giver to a Nameless Receiver. This level of offering is less humiliating to the recipient. You provide to a poor individual who understands you but whom you do not know. In a sense, this is public offering. In Maimonides' time and earlier, the "excellent sages utilized to tie money in [linen] sheets which they tossed behind their backs, and poor people would come and get it without being humiliated." You can also call this level the "Come and Get It, Stranger" kind of offering the ideal gift that does not expose the clingy individual to embarrassment.

The right to gather taxes is a severe delegation of sovereign power. But given that taxes were low in Greek democracies, tax farming was not a significant enterprise. To the Greeks, it was merely a cost-effective method to collect taxes in a system in which tax evasion corporate philanthropy was unworthy the trouble. The most major abuses of the system came from the tax farmers.

Five simple ways to provide to a charity that costs you essentially absolutely nothing, which is really excellent when there is a little less cash to go around. Offering advantages both the provider and the receiver. A lesson well worth teaching children.