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>If you have sufficient saving in society , then you hardly need to tax at all - as Japan demonstrates. ... do you think Japan has particularly low taxes or so
by istinetz 5y ago
>If you have sufficient saving in society , then you hardly need to tax at all - as Japan demonstrates.
... do you think Japan has particularly low taxes or something? Because they don't, according to this:
https://www.jetro.go.jp/en/invest/setting_up/section3/page7.html https://www.jetro.go.jp/en/invest/setting_up/section3/page7....
- neilwilson 5y agoWhich is why they have been in a slump for this long. As Warren Mosler would say, they are overtaxed for the size of government they have.