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Mr Tsipras's defiant parliamentary debut as prime minister - underlining a string of spending commitments such as raising the minimum wage in breach of Greece's two €240bn (£178bn) bailouts -will have had Germany's Chancellor Angela Merkel tearing her hair out in Berlin. The politics in Greece for the last five years was inconsistent and very harsh towards people who were oftentimes protesting and boycotting. The result of this politics has a strong impact on the country's economy, which is very fragile and is still deteriorating by harsh policies, taxation which affect not only Greece but the international market as well.

Advanced economies face the triple threat of low growth, low inflation and high debt. In this article there is the belief that economies should have effective fiscal policies to prevent this from happening. "Smart taxation and spending and strong fiscal frameworks make a huge difference."

This article is about the excise taxes on marijuana in Colorado. It is important to know that the tax revenue $2 million dolars in January 2013. As marijuana is legal in Colorado, the government gets the best benefit of it by imposing harsh tax on marijuana. Since marijuana is price inelastic because of its addictive nature, the government can impose as much as taxes as it can which can lead to more revenues.

This article demonstrates how profitable taxation can be for governments. The example here is that the state of Colorado earned over $2 million in taxes on the sale of marijuana, an addictive product.

This article is about the income of the government by the taxes on marijuana which is legal in Colorado