Saturday, November 5, 2011

How does a nation tax itself into prosperity??

At what point along the way of increased taxes does prosperity pop up & a society suddenly starts prospering? If we as Americans doubled our taxes from the current 40% of our incomes we pay in taxes(compounded/hidden included) to say 80% would'nt we all acquire the wealth, leisure & grandiose lifestyles of the bigshots that much quicker??? Bill Clinton was well on his way to taxing all us Americans into bigshots but he ran out of time as prez. GWB has BOTH grown government & taxed us for the government growth, but I'm still not seeing my mansion, fleet of masarati's, private jet & airport nor my yacht. What gives??? I mean how much inflation, government growth & taxes are needed to make us prosperous & wealthy???

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