Germany to abandon Nuclear Power by 2022

Are those measures similar to the ones that have brought prosperity to countries like Ireland, Portugal and Greece?

Originally posted by Eladar
Are those measures similar to the ones that have brought prosperity to countries like Ireland, Portugal and Greece?

No.

Originally posted by KazetNagorra
No.

Could Ireland, Greece and Portugal adopt these measures and greatly increase their economic status?

Originally posted by Eladar
Could Ireland, Greece and Portugal adopt these measures and greatly increase their economic status?

Yes.

Well then, what are these unpopular measures that will bring about economic turn arounds for the world's ailing economies!?!

Originally posted by Eladar
Well then, what are these unpopular measures that will bring about economic turn arounds for the world's ailing economies!?!

Among other things they should raise taxes for higher incomes and lower taxes for low incomes. This will improve consumer demand, boost the economy and create jobs.

You are saying that in places like Greece and Ireland they do not have progressive tax systems?

I know in the US we have a progressive tax system, nearly half of all Americans do not pay a Federal Income tax and of the half that don't many actually receive money from the government in the form of a tax refund. Between earned income credits and credits for things like having children people in the US actually receive money from the Federal government instead of paying taxes.

I get what you are saying and to a certain extent I agree. I see nothing wrong with increasing tax rates when they are as low as they are in the US. I see nothing wrong with closing loop holes. I also see nothing wrong with doing away with all forms of welfare, corporate or individual.

Countries can't tax their way into have a good economy. There must be a balance and more people need to be pulling the cart than riding in the cart. I count politicians as people whoare riding in the cart.

Originally posted by Eladar
You are saying that in places like Greece and Ireland they do not have progressive tax systems?

I know in the US we have a progressive tax system, nearly half of all Americans do not pay a Federal Income tax and of the half that don't many actually receive money from the government in the form of a tax refund. Between earned income credits and credits for ...[text shortened]... ng the cart than riding in the cart. I count politicians as people whoare riding in the cart.

No, I am saying they are not progressive enough.

Originally posted by KazetNagorra
No, I am saying they are not progressive enough.

What kind of tax schedule do you imagine.

How do you ensure that the wealthy do not simply leave the country to escape the high taxes?

Originally posted by Eladar
What kind of tax schedule do you imagine.

How do you ensure that the wealthy do not simply leave the country to escape the high taxes?

I wish these wealthy people really would go to Galt's Gulch. They're like those people who keep threatening suicide for attention but don't have the balls to follow through.

They don't have to commit suicide, they just have to put their money in off shore accounts.

Originally posted by Eladar
They don't have to commit suicide, they just have to put their money in off shore accounts.

Who cares?

Originally posted by AThousandYoung
Who cares?

You do if you are interested in taxing their money to fund your programs.

Originally posted by Eladar
What kind of tax schedule do you imagine.

How do you ensure that the wealthy do not simply leave the country to escape the high taxes?

A top tariff of roughly 70% over ~$100k and a tax-free wedge of about $20k, with a progressively increasing rate in between. Something like that.

People don't leave their home country without a good reason. Especially if the economy is doing well.

Originally posted by Eladar
You do if you are interested in taxing their money to fund your programs.

I'm interested in taxing their land, not their money. We can always print more money if we need to.