danielpalos
Diamond Member
- Banned
- #101
no, Because we have a First World economy, not a third world economy. And, we would like to keep it that way.First world economies are not cheap; we can Never compete on Labor with the less developed world.Socialism can have low taxes like India, or China has had, and Capitalism can have high taxes like Sweden, or Germany has had.
Taxes don't really equate to Capitalism vs Socialism.
This is one of the many things many Republicans have gotten wrong.
If you want really low taxes, you can't beat North Korea.
Nor can you beat the cost of the free health care there.
Socialism at its best.
So you admit that low taxes don't equate to Capitalism?
As well as vice versa?
You can raise and lower taxes with a stroke of the pen.
The problem with socialism though, if you want a high standard of living and you also want socialism, you will have to pay high taxes, UNLESS you are on a trajectory of economic collapse, which the US is.
Because the government does not allow it.