I agree with that, as long as capitalism remains the driver of our economy. What I don't want is for a government to own production and control prices as the driver of our economy. Scandinavia has had a lower corporate tax than the US over the years, but I think they are close to the same now.
Scandinavia isn't really socialist because they keep and know that capitalism is better for them, and it's the Golden Goose Laying the Golden eggs for their supercharged welfare sate that is supported by citizens paying large tax rates. They have been ok with it for the most part as most all work a job and contribute, but now there are more and more refugees that where mom or grandma & kids stay at home unemployed but receive assistance of which they are not paying into. Thats ok by me to a degree, but when these countries face big spikes in refugees it has an economic impact. Thats why you've seen Norway pass a law limiting/governing the amount of refugees that enter.
Absolutely, barfo! It means that the playing field ought not to be tipped heavily in favor of the wealthy. e.g. Taxing that favors the wealthy most starkly presented as a flat tax for all or a favored tax rate for long term capitol gains which allows the wealthy to buy stocks and bonds for several years and sell them for a lower tax than the poor who couldn't keep an investment, if they could even afford one, for the long term required for the lower tax.
This raises an interesting issue. We need to get at the root causes of all this immigration. When people feel the need to flee a country in large numbers one should realize that something is drastically wrong and you need someone at the head of the advantaged countries to tackle these root problems. e.g. Getting rid of the president of Syria.
Scandinavia has learned if you tax corporations to much it effects the economy negatively that why they tax the citizens a much higher rate. A progressive tax structure where everyone pays there fare share and promote a positive business message rather than not.
