> OK but France has crazy high taxes: capital gain taxes, income tax of more than 50% for not that well paying jobs and up to 75% income tax for rich people, a

> OK but France has crazy high taxes: capital gain taxes, income tax of more than 50% for not that well paying jobs and up to 75% income tax for rich people, a yearly tax on your belongings if you're "rich", 21% VAT, up to 70% inheritance taxes, etc. Comparing France [44.6% of GDP in tax revenue] vs. US [26.9% of GDP in tax revenue] is a bit disingenuous. The historic norm for the US [c. 1950] taxes he is talking is about 3 to 3.5% of our total GDP higher. France would still be a good 15% GDP ahead in taxes. Ideally, the US would shift burdens and lower destructive spending. France, on the other hand, should be lowering taxes and restructuring its spending. http://www.outsidethebeltway.com/federal-taxes-at-lowest-rate-since-1950/ http://www.outsidethebeltway.com/federal-taxes-at-lowest-rat...