News for hackers. Stuff that matters.

A comment on Italy’s austerity-fueled crisis is a warning to the Eurozone. Parent comment

Re:Italy’s austerity-fueled crisis is a warning to the Eurozone by zizee on Saturday April 13, 2019 @06:18AM (#19652088)
The US has federal taxes and mechanisms to redistribute money from richer states to the poorer states to address this sort of imbalance.
[ Parent | on HN ]
Re:Italy’s austerity-fueled crisis is a warning to the Eurozone by roel_v on Saturday April 13, 2019 @07:19AM (#19652305)
While there are no EU direct taxes, there are redistribution schemes in the EU. I don't know how their magnitude compares to that of American interstate redistribution though.
[ Parent | on HN ]