Foxboy Wrote:We ARE the least-taxed first-world nation, precisely because we have idiots who think the old revolutionary slogan of "no taxation without representation" means "NOOOO! NO TAXES EVAR!"The least-taxed first-world nation? Only on the direct, personal level.
And let's not forget that that is merely our FEDERAL taxes. Our State and Local taxes can be staggering. New Hampshire is famous for no statewide sales tax and no income tax, but the property taxes are NASTY, because the local polities need to rely on them for all of their funding.
Corporate taxation in the US ranges between 40 and 50 percent, varying slightly by state. It is the single highest corporate tax rate in the world. And every penny of that gets passed on to the consumer in the form of higher prices, while corporations move overseas in order to take advantage of vastly lower labor costs in Asia and lower corporate tax rates in many countries.
You want to see the US economy get back to the juggernaut that won World War 2 by out-producing the entire world? Start working on bringing that back to us. And the only way to do -that- is to make it economical for companies to operate here. To show them that they can make, and keep, more by operating here than in some third-world hellhole.
You want to equalize our trade imbalance with China? Start exporting something we have far too many of already: union organizers. China, especially, needs them badly.
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Sucrose Octanitrate.
Proof positive that with sufficient motivation, you can make anything explode.