We are witnessing the beginning of the end of modern capitalism
Few, if any country has a spending problem, they have a revenue problem. The more taxes are cut, the fewer jobs that are created locally. Cut taxes and profits, both personal and corporate, increase. Cut taxes, and investment
We saw this happen when NAFTA was made law and jobs shot to Mexico. US workers lost jobs that were then replaced with lower paying jobs. Wal-Mart went from a company that advertised Made in the USA to one that exported jobs to China to increase profits. Now Mexican workers are too expensive.
Tax laws in all countries have to be restructur
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