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Old 06-22-2010, 06:29 AM  
milambur
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US taxes are too low, currently 28.2% of GDP OECD average is 36%. Most countries in Western Europe are above 36%. Sooner or later there will be a collapse if you don't raise taxes in the US.

My home country Sweden is the prime example of too high taxes currently at 49.7% of GDP main reasons for them being so much higher than most countries are very generous welfare system, very high immigration rate per capita from poor countries (all which get welfare from day 1) and highest foreign aid in the world related to GDP (1.1%).
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