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Old 12-05-2012, 08:41 AM  
woj
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Join Date: Jul 2002
Location: Chicago
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Quote:
Originally Posted by Relentless View Post
Madalton is correct that the solution is a series of moves to unify rates, but we are very far away from making those sorts of international deals. In the meantime, just as a 3% tax break won't stop Minte from eventually automating his operations, allowing Goldman Sachs to pay 2% does nothing to stabilize or improve our economy. Throwing cash at welfare recipients is not the answer, whether they are on welfare making $30.00 per year or 300M per year.
unifying tax rates would be not unlike companies colluding on prices of goods...
competition is good, makes everyone strive to achieve maximum efficiency and forces markets to determine prices / tax rates / etc...
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