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

To: Taro who wrote (364082)	12/22/2007 10:49:15 AM
From: combjelly	Read Replies (1) \| Respond to of 1587786

"Here some good independent research data on Europe vs USA, taxation and net income at disposal." A lot of good information there. Thanks.

To: Taro who wrote (364082)	12/23/2007 3:52:32 PM
From: tejek	Respond to of 1587786

Here some good independent research data on Europe vs USA, taxation and net income at disposal. Written by a Swedish economist. Those Swedes, you know ;) timbro.se; Its a good report and there is a strong argument to be made that an important relationship exists between the level of taxation and the quality of econ. growth. Having said that, I see two areas where the report might be off. First, its comparing the US economy of the 1990s with the EU economy of the 1990s. The 1990s was a period of extraordinary econ. growth for the US whereas it was a very poor one for the EU as that was the time the EU got up and running and when German reunification was taking place. I don't think the US has sustained that rate of growth in the 21st century and from all I've read, econ. growth has improved in Europe in the last few years. Secondly, in comparing square footage of residences......I think that's a pretty unfair comparison. The US has a lot more land and less urbanized cities than Europe. American cities tend to sprawl whereas EU cities are pretty compact. That means EU cities are far more dense, resulting in smaller sq footages.......I suspect NYC and SFO are very comparable. Both American cities do not have the land in which to expand so they have built up and more densely. So square footages may not make for a good measure of prosperity. Again, a well done report......a nice kick in the butt of EU complacency.