HappySqurriel on 06 July 2011
| Rath said: High taxes by themselves do not cause problems. Only high taxes combined with incompetent or corrupt governance. The idea of tax and spend in itself isn't an evil idea, it just appears that the US kind of sucks at it. Many of the most developed countries in the world (Denmark, Sweden, Belgium) have exceptionally high taxes and do exceptionally well for themselves. http://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP |
I would actually say that it is the other way around ...
High taxes do cause problems, and tax and spend is implicitly a bad idea, but a few countries with low corruption and citizens who are not selfish can make it operate in a moderately successful fashion.
