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Now I will talk about some deficiencies of socialism like high taxation..
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amin...@gmail.com
Dec 8, 2019, 6:01:11 PM12/8/19
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Hello,
Now I will talk about some deficiencies of socialism like high taxation..
I think that there is a real impact of high taxation of socialism on economic growth, productivity and innovation.
Take for example Francois Hollande of the french socialist party,
I do not like the rich had cried Francois Hollande of the socialist party during the election campaign that led to the presidency of France. He went to a confiscatory tax and strangled the middle class with taxes. As a result, as the rest of the world emerges from the recession, the French economy stagnates, unemployment increases, young people decamp, the purchasing power of the French falls by 1% per year and foreign investors sulk. Euthanasia of capital and increased taxation have the effect of impoverishing the whole of society. In this sense, it is indeed egalitarianism.
But i have to be more technical about lowering the taxation,
here is what i will also technically say:
It is agreed that a lower taxes mechanically stimulates growth by the effect of the "multiplier "tax effect": indeed, it results in an increase in households or corporate profits, which favors consumption and/or investment, and therefore, indirectly, the production and employment.
Thank you,
Amine Moulay Ramdane.
Now I will talk about some deficiencies of socialism like high taxation..
I think that there is a real impact of high taxation of socialism on economic growth, productivity and innovation.
Take for example Francois Hollande of the french socialist party,
I do not like the rich had cried Francois Hollande of the socialist party during the election campaign that led to the presidency of France. He went to a confiscatory tax and strangled the middle class with taxes. As a result, as the rest of the world emerges from the recession, the French economy stagnates, unemployment increases, young people decamp, the purchasing power of the French falls by 1% per year and foreign investors sulk. Euthanasia of capital and increased taxation have the effect of impoverishing the whole of society. In this sense, it is indeed egalitarianism.
But i have to be more technical about lowering the taxation,
here is what i will also technically say:
It is agreed that a lower taxes mechanically stimulates growth by the effect of the "multiplier "tax effect": indeed, it results in an increase in households or corporate profits, which favors consumption and/or investment, and therefore, indirectly, the production and employment.
Thank you,
Amine Moulay Ramdane.
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