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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (134509)	3/13/2001 12:53:54 PM
From: Scumbria	Read Replies (1) \| Respond to of 1589343

Tim, Taxes revenue has been growing faster then the combined rates of inflation and population growth. So has spending. Under Clinton Govt spending increased by 3.6% per year. But please don't let the facts interfere with your philosophy. Scumbria

To: TimF who wrote (134509)	3/13/2001 1:48:03 PM
From: combjelly	Read Replies (1) \| Respond to of 1589343

"would high tax rates hurt the economy? When would they cripple it? " It really depends on the return for those taxes. Most of the developed countries in the world have a higher tax rate than the US and few of those economies can be described as crippled. But the government provides more services for that money. In general, the US beats them as far as job creation, but that is likely because the laws and culture are kinder to small businesses, which have a higher rate of job creation. Nationalized health care of some form is common everywhere but the US, in much of Europe it is the biggest government expenditure. Many of those people seem to be happy with it, that is my wife's biggest complaint about the US. Anyway, your question about crippling tax rates needs to be qualified with what services are offered for that money.