According to Trends Research Institute, soon there won’t be any need for tax cuts if situation stays like this, as people themselves will stop paying taxes. http://www.trendsresearch.com/predictions/tax-protests.pdf Let’s just assume there are Tax revolts in US in future, do you think a “shadow economy” or “cash economy” (like that in India and China) can thrive there too?
if there is a revolt, it wont be over taxes. once people finally complete the reagan revolution and succeed in getting government out of their lives and see the attendant reductions in standard of living/loss of boogeyman , then the pitchforks will come out and the class war will begin. one side has lots of money, the other has numbers.
marcus phoenix Wrote: ------------------------------------------------------- > ChickenTikka Wrote: > -------------------------------------------------- > ----- > > I was wondering today, “how long can china keep > > their working class so poor?” > > > > According to hofstede a long time. But this > really > > should bubble over. Of course this is ironic. > > I really hope so and soon for the sake of peace > with its neighbors. A belligerent China aiming to > keep some control over its population through > conflict does not bode well for India. Indians despise Chinese more than Pakistanis, because China attacked India when Indians considered China a very close friend. India Vs Pakistan is a political conflict and conspirators like China are fueling that conflict - that’s what majority of Indians think.