Boomer Socialism at it again
(twitter.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (214)
sorted by:
VAT is an economy killer, there’s a reason Europe is stagnant. Property tax is the least disruptive tax for economic development, it’s inarguably the best one for a stable economy.
The point isn't to have the optimal economic zone. The point is to take the only what is necessary to provide common services to the people paying for them.
"Stagnation" is fine. Companies used to transition from growth to value when they matured. Countries need to learn to do the same. Besides, I don't agree with your premise. The main reason Europe is stagnant is overregulation. They've stamped out innovation, which is where growth should come from and are now trying to "grow" by throwing useless warm bodies at it.
You’re contradicting yourself. If we’re taking only what is necessary then the optimal tax for economic growth is the best option because it leaves the most for the citizens.
Stagnation is fine IF we don’t have a fiat currency. Short of that stagnation is death. All of Europe is not over regulated, Switzerland is a prime example and has half the GDP growth per capita. They’re 4th in tax friendliness globally, the only key difference between the two countries is the Valued Added Tax.