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Reply #139: Some analysis has shown that the problem with "underperforming" European [View All]

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DuaneBidoux Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-22-06 11:17 PM
Response to Reply #111
139. Some analysis has shown that the problem with "underperforming" European
economies isn't the services provided and the amount of resources taken by the government but the regressiveness of the tax system. Liberals complain (rightly so) about the increasingly regressive nature of the American system but European tax structures tend to be much more regressive, especially with high gasoline taxes and the VAT which kills everyone including the poor. There are way too many consumption taxes. They need a more progressive system of taxation on income and assets and they need to tighten up on their upper income tax freeloaders.
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