Is there anything tax cuts CAN'T fix?

[Rath]

HappySqurriel said:

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.

These countries aren't only operating in moderately succesfully - they have some of the highest qualities of life in the world. There is no reason for it to be intrinsically a bad idea - it simply relies on good governance to work.

There are arguments why it wouldn't work in America so well (as I said, it relies on good governance to work, plus America is has a much larger population than these countries) but the fact is that in the right country - a wealthy, small and highly developed state - it works exceptionally well.