Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Normal
He said that based on my account of a study I read but lost the link for. In Europe (where they do not have states and fed but only one government) a university calculated that high taxes suppressed the economy while low taxes did not allow the government to perform the legitimate tasks of government. It was calculated that 17% was optimal. (the U.S. is close to 50% when we add all taxes)I take anything that comes from one professor at one university with a grain of salt but at least it is a place to start - to actually consider the competing forces of crushing taxes versus need for government.I think we can agree that there is some optimal point. But no one is looking for it or even trying to design a system that corrects to that level (which is what free markets do with prices).Hmm? could we have a tax system where forces like market forces determine the various taxes?
He said that based on my account of a study I read but lost the link for. In Europe (where they do not have states and fed but only one government) a university calculated that high taxes suppressed the economy while low taxes did not allow the government to perform the legitimate tasks of government. It was calculated that 17% was optimal. (the U.S. is close to 50% when we add all taxes)
I take anything that comes from one professor at one university with a grain of salt but at least it is a place to start - to actually consider the competing forces of crushing taxes versus need for government.
I think we can agree that there is some optimal point. But no one is looking for it or even trying to design a system that corrects to that level (which is what free markets do with prices).
Hmm? could we have a tax system where forces like market forces determine the various taxes?
