Vol. 32, No. 09
May 9, 2016
Letters to the Editor
Suckers for Socialism
The article “Can Some Socialism Be a Good Thing?” by Charles Scaliger (February 8 issue) was truly a superb article, which I will keep, and is highly educational.
However, in the analysis on Denmark and Sweden, he leaves out an incredibly important fact, a very important reason why Denmark and Sweden are somewhat successful using socialistic models, as highlighted by Bernie Sanders.
We all understand Scandinavian high “individual tax rates” — they are highly advertised. But what doesn’t get mentioned by Bernie Sanders and others is the level of corporate tax rates in Scandinavian countries! Denmark’s corporate tax rate is 24.5 percent, and Sweden’s is 22 percent. The U.S. corporate tax rate is 39 percent (it averages 39.3 percent), the highest in the world, and this number does not include state and city taxes, which Denmark and Sweden don’t have.
Premium Content
The full article includes detailed analysis of Massie's legislative strategy, exclusive quotes from the interview, and insider information about upcoming votes.
Log In to Continue Reading
- 12 Issues Per Year
- Digital Edition Access
- Digital Insider Report
- Exclusive Subscriber Content
- Audio provided for all articles
- Unlimited access to past issues
- Cancel anytime
- Renews automatically
- 12 Issues Per Year
- Print edition delivery (USA) *Available Outside USA
- Digital Edition Access
- Digital Insider Report
- Exclusive Subscriber Content
- Audio provided for all articles
- Unlimited access to past issues
- Cancel anytime
- Renews automatically