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Politics : Formerly About Applied Materials
AMAT 230.92+3.1%Nov 24 3:59 PM EST

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To: Jacob Snyder who wrote (55194)11/8/2001 9:09:29 AM
From: willcousa  Read Replies (1) of 70976
 
Interesting article. IMHO it misses an important factor and that is high real income taxes. There is some rate at which taxes become a real drag on the economy. I don't know where that is but know that some governments, albeit small ones, have maintained a low flat tax regime and seem to have perpetually good economies. Hong Kong and Singapore come to mind.
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