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RE: DTube - Saudi Arabia Sees Gas Prices DOUBLING As Economy Crumbles
You say all these things are subsidized but no taxes. That subsidization comes from taxes.
You say all these things are subsidized but no taxes. That subsidization comes from taxes.
Wrong. In Saudi Arabia, subsidies come from oil exports. That is why the Saudi royalty are filthy rich. In the past they have made so much that they have no taxes and still have so much that they subsidize things.
Now that oil prices are down, they are struggling to make ends meet.