The ACLU: doing it there way.

Parent Cafe
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<p>Well I saw the WSJ thing on how free your economy is, and Ireland, HK, came up first. Also, I saw Norway and Lux have rather high per capita GDP, so they must be doing something right. I hear HK is a bit more unregulated than America in terms of taxes, setting up your own business, etc.</p>

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<p>HK is also a small city-state at best, which really helps.</p>

<p>Norway and Lux are highly regulated and taxed, but their GDPs are fantastic. Keep in mind that Norway is also mineral rich (oil!).</p>

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<p>Wait…I looked up Lux, and their max rate is 38.5, which is lower than US’s max of 39…</p>

<p>The Swiss taxes seem to be lower than US too, corporate and individual</p>

<p><a href=“http://www.greaterzuricharea.ch/default_en.asp?pgn=/content/03/03_005en.asp[/url]”>http://www.greaterzuricharea.ch/default_en.asp?pgn=/content/03/03_005en.asp&lt;/a&gt;&lt;/p&gt;

<p>Along with their banking privacy laws, Switz. would be a nice place to be. Norway seems way too cold.</p>

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<p>iloveagoodbrew,</p>

<p>Switzerland’s an incredibly interesting case, though. Small, isolated, very few needs as far as infrastructure goes, and far lower expenditures on the military. I’ve always suspected that if the US were able to give up its superpower role, it would be able to tax less.</p>

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<p>I dunno…A lot of our money goes towards welfare; SS, Medicare+Medicaid constitute a lot of the spending. I am all for eliminating waste in the military…like the $600 hammers and the $4000 toilets.</p>

<p>Hahaha I just looked up tax rate for India… The highest bracket is about 40% despite the fact that India is overrun by Communists and socialists.</p>

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<p>Waste in the military? Forsooth, there be no such thing! </p>

<p>Yeah, a fair amount does go to welfare, but you should see the welfare spending in Europe!</p>

<p>Besides, without the sort of saving and strong familial bonding that they have in places like Japan, it’s hard to believe we can hope for an alternative anytime soon.</p>

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<p>Whoever can’t be wise with their money, let them suffer. If they don’t save for retirement, they are SOL. People will learn eventually. But if there is a permanent crutch, they never will.</p>