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To: Metacomet who wrote (18973)8/24/2006 1:24:19 AM
From: E. Charters  Respond to of 78413
 
Can the Mongolians de socialize and grow? By this time in the century it should have become glaringly apparent that countries which attempt to reduce taxes, desocialize and deregulate, experience profound growth and improved economic "relativity", to coin a phrase. Norway, Ireland, Sweden, United States Russia, China, Eastern Europe are cases in point. Countries which increase government acquisition, control of banking, regulation etc.. generally experience setbacks, shrinking economies, isolation, bank failure, etc.. Argentina, Sweden, Spain, Canada etc.. Whilst this is not a simple equation and other factors often come into play, it can generally be seen that the government grab and its attendant inefficiency always has deleterious results to the industry thus controlled, or monopolized and the country at large. Obviously you cannot tax profits if there aren't any. The manifest reason to tax beyond normal amounts unless there is any crying need within the industry to either limit production, or some domestic need for money that is desperate.. (whatever is?) is always moot.

EC<:-}