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

To: TimF who wrote (532757)	11/25/2009 5:08:45 PM
From: tejek	Read Replies (1) \| Respond to of 1576865

Two significant weaknesses hold down Denmark's overall economic freedom. While the corporate tax rate is one of the lowest among members of the European Union, personal income taxes are very high, and the overall tax burden is significant. There are few state-owned industries, but government spending equals over 50 percent of GDP. Its also a country that is highly regulated. Green is very popular there.......and it shows. The country is spic and span beautiful. You can wiggle and squirm all you want but Denmark is one of several examples that I can provide where good governance, even with high taxes and regulation, encourages/not deters good growth.