Quote:
Originally Posted by YOWetal
I am not sure how far we are from the Swiss model. They are much richer than us so it can confuse things. Yes they have lower tax rates. But they also have public transit to every village, generous pensions. A minimum wage close to $40 an hour. All healthcare funded. A generous welfare system though low usage for cultural reasons.
I think we say you want to live like India or Russia or something is when you talk about 10% tax rates. That in the Canadian context wouldn't even cover defence, transport and other necessary regulation and would eliminate all public supports and even make education basically private.
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The problem with all these discussions is that fantasists always resort to pick your own adventure trips where they pick the rosiest scenarios from each of their favoured examples. That's of course, not how reality works. You can't build Switzerland just by choosing their tax rate. By the way, India and Switzerland are fairly close on tax as percent of GDP.
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