Re:Google Fiber Cutting Jobs and Halting Rollout
by a_thro_away on Friday October 28, 2016 @01:16AM
(#12813295)
The OECD defines GDP income method as "an aggregate measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).”
Re:Google Fiber Cutting Jobs and Halting Rollout
by a_thro_away on Friday October 28, 2016 @01:04AM
(#12813242)
I understand GDP as "taxable transactions".
It's true, if the gov't performs a service, it's included in GDP. And no, taxes don't increase GDP.