What is a Freeport - its an economic zone, or location, which is free from all forms of sales axe - capital gains tax, tariffs, VAT, GST etc etc...
What would be the effect, all else being equal?
Capital would come flooding into Gaza to rebuild it. Because the returns to that capital would be that much the greater now free from these business destroying taxes.
So yes, do it. Just try to keep all the hate protestors who love war so much well away from damaging the opportunity as usual.
What would be the ultimate effects?
To boom land values and the rents which come form that of course. Thereby mitigate the lost tax revenues form the commercial business rates.
Now you know I have a special sense of humour - would that not be the funniest most ironic thing to see happen before our eyes?
And the President would get all the credit and rightly so. If Pres. Trump is offered the nobel prize he should reject it with his usual forms of trolling response.
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