Comment

LGF Poll: Obama's Tax Cut Deal

607
JC112/07/2010 5:47:42 pm PST

re: #279 Gus 802

Well since you bring that up again. Here’s the gig. Portugal, Ireland and Spain have been taxing their citizens through the roof for decades now. They’re broke because they spent too much over the years and they can no longer afford to squeeze anymore money from their citizens. That’s what happens when you reach your limit on taxation and continue to spend like a drunken sailor.

Say WHAT?
en.wikipedia.org
Ireland has lower rates of taxation than the US.
Spain is barely higher.
Germany is actually doing REALLY well; well enough to bail out most of the other countries and they have a much higher rate of taxation, longer vacations, health care, etc. But don’t let facts get in the way of your supply side mentality.