Re: Some of the Wealthy Asking to Be Taxed
You want to model society on the behaviors of savages? No thanks.
Sweden had a very high rate of economic growth from 1870 to 1970, with per-capita GDP nearly twice the European average. Factors contributing to that growth included land reform and the abolition of medieval guilds in 1846. Business freedom was guaranteed by law in 1864. They had limited government, free trade, free enterprise and social mobility. In short, it's success was built on capitalism.
The Social Democrats came to power in 1930. They left most things alone at first, although they did raise taxes. In 1960, government spending was 31% of GDP, with tax rates roughly equal to America's at the end of the 20th century. It was only in the late 1960's that Sweden began a pronounced move toward a social welfare state. Major industries were nationalized, and taxes were raised significantly -- tax rates there now are the highest in the industrialized world, including a 25% sales tax. It's no longer necessary to hold a job to earn an income. Hard work is rewarded with higher taxes, not higher profits.
Productivity began to decline. In the 1990s, doctors worked 1600 hours/yr on average, compared to 2800 hrs/yr in the US. Out of their 7M population, about 2.7M aren't working, and live off of welfare. For 25 yrs, Sweden's growth has been slower than other industrialized countries. In the early 1990s, their economy shrank by 5%. Even their high rate of taxation is no longer enough to cover government spending. Instead, they borrow heavily. Their national debt now is nearly equal to their GDP.
The interesting comparison is not between Sweden and any other country, rather between Sweden from 1870 to 1970 and after 1970.
Sweden rose to prosperity through capitalism. The massive social welfare system of the 1960s is slowly lowering their standard of living. In addition, they are wealthy to a significant degree because they possess phones, cars, planes, lights, TVs, etc. But those products were not invented in modern Sweden, nor in any other semi-socialist state.
So now you want a government that treats people as children? No, thanks; I reject the Nanny State.
I never said taxation was the worst thing that can happen. I would agree with the following, though: "the road to hell is paved with good intentions."
I didn't call it incurable brutality, either. What I was trying to say is that I believe people like you and c1ue seem to believe that humans are brutes (savages or children in your words above) who have to be restrained by force -- supposedly for their own good, but in reality it's for your good, not theirs.
I did call taxation theft, though -- and as such, it's morally wrong. The ends do not justify the means.
Originally posted by dcarrigg
View Post
Originally posted by dcarrigg
View Post
The Social Democrats came to power in 1930. They left most things alone at first, although they did raise taxes. In 1960, government spending was 31% of GDP, with tax rates roughly equal to America's at the end of the 20th century. It was only in the late 1960's that Sweden began a pronounced move toward a social welfare state. Major industries were nationalized, and taxes were raised significantly -- tax rates there now are the highest in the industrialized world, including a 25% sales tax. It's no longer necessary to hold a job to earn an income. Hard work is rewarded with higher taxes, not higher profits.
Productivity began to decline. In the 1990s, doctors worked 1600 hours/yr on average, compared to 2800 hrs/yr in the US. Out of their 7M population, about 2.7M aren't working, and live off of welfare. For 25 yrs, Sweden's growth has been slower than other industrialized countries. In the early 1990s, their economy shrank by 5%. Even their high rate of taxation is no longer enough to cover government spending. Instead, they borrow heavily. Their national debt now is nearly equal to their GDP.
The interesting comparison is not between Sweden and any other country, rather between Sweden from 1870 to 1970 and after 1970.
Sweden rose to prosperity through capitalism. The massive social welfare system of the 1960s is slowly lowering their standard of living. In addition, they are wealthy to a significant degree because they possess phones, cars, planes, lights, TVs, etc. But those products were not invented in modern Sweden, nor in any other semi-socialist state.
Originally posted by dcarrigg
View Post
Originally posted by dcarrigg
View Post
Originally posted by dcarrigg
View Post
I did call taxation theft, though -- and as such, it's morally wrong. The ends do not justify the means.
Comment