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

To: combjelly who wrote (379104)4/18/2008 4:49:27 PM
From: michael97123  Read Replies (1) | Respond to of 1575974
 
We must do everything possible to keep rates as low as possible. But we cant commit suicide by either taxing and spending or borrowing and spending for too much longer. Some type of grand solution is necessary and needs to be based on pragmatism, bipartisanship and good will.



To: combjelly who wrote (379104)4/22/2008 1:53:12 PM
From: TimF  Respond to of 1575974
 
Countries with high wealth (and thus high standards of living) can afford higher tax levels without massively disrupting their economy. Given the politicians normal incentive to increase spending, higher spending and taxes in wealthy countries should be expected, but it doesn't mean that its positive, or that the higher wealth is the result of the higher taxes, more like the other way around.


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