krw wrote
says...
miles wrote:
Socialism is a failure. Most European socialist countries have
absurdly high taxes that is crippling. Along with absurd income
taxes they also pay incredible sales taxes (15%) and $7+ gas most
of which is tax. In the UK they are having to reduce funding of
free collage in order to pay for a cash strapped healthcare system.
If the European countries are crippling under their tax burdens, any
suggestions why why the Euro has gained 40+% in value vs. the US
dollar over the past 6 years?
Likely because other countries are trying to balance their currency holdings.
Nope, its primarily due to the terminal stupidity of the immense
amount of money the US is ****ing against the wall in Iraq with
that being funded by deficits and not out of taxation.
The same thing happened during the Vietnam War.