From: d@d.d   
      
   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.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)