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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (252899)	1/3/2008 2:11:42 PM
From: Lou Weed	Read Replies (4) \| Respond to of 281500

<<Can you say "investment friendly low tax environment"? Or does that hurt your socialist impulses too much?>> Not at all.....I'm as pro capitalism as you are Nadine. Offering lower taxes to foreign companies was a stroke of genius by the IDA (Industrial Development Authority). That table shows the results of their actions. What I am very skeptical about is having my taxes reduced (I'm fortunate to be in the upper bracket) at the same time my government is at war in two countries while running up deficits and IOUs at an unprecedented rate. I'm not an economist but this just doesn't add up to being fiscally responsible. At some point the piper needs to be paid. I guess I'm different but I would gladly pay more in taxes to help improve our national debt and help shoulder some of the burden for our FP exploits. No one seems to want to sacrifice anything today.