Anorak | So the Economy’s Screwed: So Whatta We Gonna Do?

So the Economy’s Screwed: So Whatta We Gonna Do?

by | 26th, July 2011

WE’VE seen the GDP figures, they show 0.2% growth over the past 3 months. When we tot up the last 9 months, we still get 0.2% growth. This means we’re not getting richer very quickly.

So, what are we going to do about this?

Well, why not look at some places that are doing well? Like, just to make my point, Denmark and Switzerland? And note that this isn’t about what interest rates should be, which political party gets to be top dog, this is about what sort of structure seems to work in the real world?

It’s surprise some to find out that the national income tax rate in Denmark is 3.76%. The top rate is 15%. Yes, Denmark is a high tax country but the majority of tax is set, raised and spent at the level of the commune:

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Posted: 26th, July 2011 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink