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by logicchains
3685 days ago
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>the government can sped it on schools and other infrastructure, so the french citizens can be prosperous. One of the fundamental take-homes of economics is that government spending is not what makes people prosperous. It may help achieve social outcomes, slice the pie more evenly, but not make it bigger. See for instance https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PP..., and cross reference against tax rates; most of the countries above France have lower tax/government spending. Singapore, with a purchasing-power adjusted per-capita GDP double that of France, has a top tax rate of 20%, and unlike some of the other top countries on that list doesn't have any significant supply of natural resources to fund government spending. |
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Education, healthcare and law enforcement is what makes people prosperous. How do you propose to have them without taxes?
Or are you saying that French government spends enough already and thus Google should avoid paying taxes if they don't feel like it?