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by tim333
596 days ago
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A sort of example might be Hong Kong when I was there thirty or so years ago under British colonial control. The tax rate was about 15% and the government was active in some areas like maintaining the roads, building housing and basic education and health care but otherwise left things mostly to the market. It did pretty well up until the takeover by China which wasn't due to any desire by the population to have China control things, but due to China wanting to take over and having a large military. |
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