dckingsfan wrote:cammac wrote:dckingsfan wrote:The war on drugs and crime were disasters for our growth, GDP and state budgets (deficits). There is no disputing the financial impact. It is stupid and needs to stop. Eventually (like California) we won't be able to afford the incarceration. So, it is coming to an end one way or the other - might as well do it the intelligent way.
Your assertion that the USA is one of the most highly taxed nations is simply untrue in fact it is one of the lowest taxed nations as a % of the GDP. The OCED average is 34% of GDP and USA is 26% only Korea, Chile, Ireland and Mexico are lower.
http://www.taxpolicycenter.org/briefing-book/how-do-us-taxes-compare-internationally
We are at over 40%!!!! this is such a misleading brief. If they add in State and Local taxes it just isn't true. And notice the trend. And a good deal of the local and state spending is due to programs that the fed mandates and the states have to implement.
This doesn't include State/Provincial Taxes or Municipal Taxes in any of these countries so not misleading.
I bought a new SUV for about $70,000 I had 13% added on HST of which 5% was Federal and 7% Provincial added $9,000 to the price of the vehicle. You know better dckingfan those figures are just federal portions of GDP.




























