Thread: Thank goodness I'm not a pax guy!
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Old 09-29-2008, 10:15 AM
  #35  
jungle
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Originally Posted by ⌐ AV8OR WANNABE View Post
CMA - I totally agree with you and am not a supporter of the semi-socialized welfare system of Sweden. However I think their bailout program was brilliant and worked very well. The tax rates you just quoted were even higher when the crisis hit them - in other words since then their tax rates have been reduced! At one point the max rate was in the 80% ratio! (for very high income earners)
I do not support that, I'm just saying that the bailout worked so well they were able to recuperate all the money 'invested' into the bailout, make some profits on top of it AND lower their taxes.

Or maybe they finally figured out Marx didn't get it right, and that sheep shorn too closely head for greener pastures.
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