When tax rates were more progressive from bottom to top and those who benefited most from the economy paid the most, the economy boomed.
There is a short term effect, as I said. Long term it's detrimental - that's why no country on earth has extremly low corporate taxation and extremely high personal taxation, it distorts markets. Taxation has to be fair to work.
I'm a big fan of the Scandanavian model of high taxation and high benefits. I'm not arguing for low taxation, I'm arguing for high but fair and transparent taxation.
conservative crap propaganda. Strong unions tend to cause just distributions of profits to those doing the work that results in the profit.
Alternatively, economic truth that you don't like to hear. Unions are a reaction to unfair labour markets, they ossify into protectionism if they get enough power and make the 'them and us' system even worse.
My problem with unions is that they should be obsoleted by incorporating the benefits of unions into the general economy to the benefit of all workers -- an economy with a social consciousness, which means a minimum living wage and full health benefits
Which was exactly what I said.
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