Quote:
Originally posted by broke
Government revenues increase upon the adoption of flat tax systems (that close tax loopholes) at lower marginal rates.
Read up on the Laffer Curve.
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The Laffer Curve, ah yes. That brilliant piece of right wing economic theory that claims that as taxes increase people work less. You're absolutely right, during the Clinton era, when taxes were increased on the rich, they were a LOT less productive. A lot more jobs were lost in this country due to all of this wealth leakage.
All of the things you have mentioned do not dispute the fact that Russia is practically a third world country. Infant mortality is 2x the United States' numbers from 5 years ago (and they've halved it in the last 10 years). The per capita income in the country fluctuates from $200 to $2000 a month. Organized crime is rampant, the government heavily regulates the media and arrests and murders dissent among its populace.
But it's good to see that some progressive countries are following your wise lead.
http://www.washingtonpost.com/ac2/wp...nguage=printer
Iraq beat us to the punch, we'll never live it down.
- Titus