Posted on 04/09/2009 6:24:12 AM PDT by keep your powder dry
Think anyone is Washington is taking notes?...
KINSHASA (Reuters) - Democratic Republic of Congo has begun to collect at source income taxes which even some of its top politicians were failing to pay, to help combat a deepening fiscal crisis, the budget minister said on Tuesday.
Resource-rich but impoverished Congo has seen income from mineral exports, its primary foreign currency earner, plummet since mid-2008 as demand for its copper and cobalt has dried up due to the global economic downturn.
(Excerpt) Read more at reuters.com ...
Ever notice that anything called a Democratic Republic is NOT?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.