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#29425 - 05/31/10 12:16 AM Taxing the Rich Too Much?
Stash Offline
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Registered: 07/08/08
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Loc: State of Euphoria
“Brazil has the highest tax-to-G.D.P. rate in the Western hemisphere. And guess what? It’s growing like crazy. The rich are getting richer, but they are pulling people out of poverty. There is a certain formula there that used to work for us until we abandoned it — to our regret, in my opinion."

Hillary gives fodder for a great discussion.
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#29426 - 05/31/10 08:33 AM Re: Taxing the Rich Too Much? [Re: Stash]
Lumberjack Offline
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Registered: 07/08/08
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Brazil has the worst wealth inequality of any country in the world, but otherwise, I think her point is largely sound.

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#29427 - 05/31/10 11:17 AM Re: Taxing the Rich Too Much? [Re: Stash]
ikayak Offline
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Registered: 04/08/09
Posts: 3678

Originally Posted By: Hillary Clinton
“Brazil has the highest tax-to-G.D.P. rate in the Western hemisphere.


Maybe...but only if Cuba has floated into another hemisphere.
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"The true engine of economic growth will always be companies like Solyndra"...B.O.

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#29428 - 05/31/10 11:51 AM Re: Taxing the Rich Too Much? [Re: ikayak]
Stash Offline
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Registered: 07/08/08
Posts: 4781
Loc: State of Euphoria
Yeah, it would have been better to say, "one of the highest..." But, I think her point is still solid.
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You can't know how good an Oreo cookie is unless you've tasted lima beans.

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