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Neeum Zawan <m.n### [at] ieeeorg> wrote:
> On 08/14/09 09:11, Warp wrote:
> > It may be true that economy is somewhat more controlled in Europe, and
> > particularly in the northern countries, than it is in the US, but it's still
> > capitalism.
> I know. My point, though, is that when suggestions like universal
> health care, high taxes, or any form of extra government regulation are
> brought up, comparisons are made with European countries and with shouts
> of "We don't want socialism! We want capitalism!".
I find it rather odd to claim that high taxes are incompatible with
capitalism.
Since the people making that claim are already paying some taxes, and
they seemingly think they are still in a capitalist community, that would
imply that they think that there's a limit over which taxes cannot go
without destroying capitalism.
Exactly how much is that limit? 20%? 25%? 30%? Something else? And why?
--
- Warp
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