Lower taxes lead to economic growth? Amazing!
Swedish conservatives bucked the recession by lowering taxes – and won re-election
"Fredrik Reinfeldt... His response to the recession was to cut taxes, a move his critics said the country could not afford. The European Commission warned him it would end in tears. But instead, the lower taxes were a spur to growth and Sweden now has the fastest-growing economy in the Western world...."
Lower taxes lead to economic growth? Amazing! It's almost like when the government stops pilfering major amounts of money out of the private sectors pockets, they have more cash to spend on hiring new people, creating new jobs, and investing in new capital. Who would have thought?
"Fredrik Reinfeldt... His response to the recession was to cut taxes, a move his critics said the country could not afford. The European Commission warned him it would end in tears. But instead, the lower taxes were a spur to growth and Sweden now has the fastest-growing economy in the Western world...."
Lower taxes lead to economic growth? Amazing! It's almost like when the government stops pilfering major amounts of money out of the private sectors pockets, they have more cash to spend on hiring new people, creating new jobs, and investing in new capital. Who would have thought?
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