[cookcounty]

All I can tell you is that the fast-growing economies of Asia in 1970-1990 had one thing is n common: Tax rates of 15% or less. Those with higher tax rates had significantly slower growth.

[Fishing-guy]

Of course those Asian countries do not need high tax rates, because they don't have all these entitlement programs to pay for.

You can also argue that those European countries, with all their entitlement programs and high tax rates, have done fairly well too. They have maintained fairly high standard of living for their citizens.