Subject: Re: Witnessing the end of Europe's welfare state_
Let's also have 40% income tax for the middle class, 20% VAT, and gas at $7/gallon. Folks shy away from that...


Oh, we do pay the taxes after all. The poor play lottery tickets, get sick, and the system ends up costing close to twice the UK costs per capita.

I guess we can call that a win for lower taxes and higher costs.

How is that federal debt default going to help your assets?