<div><br><div class="gmail_quote"><div>On Wed., 29 Mar. 2017 at 8:13 am, spike <<a href="mailto:spike66@att.net">spike66@att.net</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div lang="EN-US" link="blue" vlink="purple" class="gmail_msg"><div class="m_-1095371933183409153WordSection1 gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></span></p><p class="MsoNormal gmail_msg"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></span></p><p class="MsoNormal gmail_msg"><b class="gmail_msg"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"> extropy-chat [mailto:<a href="mailto:extropy-chat-bounces@lists.extropy.org" class="gmail_msg" target="_blank">extropy-chat-bounces@lists.extropy.org</a>] <b class="gmail_msg">On Behalf Of </b>Stathis Papaioannou</span></p></div></div><div lang="EN-US" link="blue" vlink="purple" class="gmail_msg"><div class="m_-1095371933183409153WordSection1 gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><br class="gmail_msg"><b class="gmail_msg">Subject:</b> Re: [ExI] Single Payer Healthcare<u class="gmail_msg"></u><u class="gmail_msg"></u></span></p></div></div><div lang="EN-US" link="blue" vlink="purple" class="gmail_msg"><div class="m_-1095371933183409153WordSection1 gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"></span></p><p class="MsoNormal gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></p><div class="gmail_msg"><p class="MsoNormal gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></p><div class="gmail_msg"><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">On Wed., 29 Mar. 2017 at 3:16 am, spike <<a href="mailto:spike66@att.net" class="gmail_msg" target="_blank">spike66@att.net</a>> wrote:<u class="gmail_msg"></u><u class="gmail_msg"></u></span></p></div><blockquote style="border:none;border-left:solid #cccccc 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in" class="gmail_msg"><div class="gmail_msg"><div class="gmail_msg"><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span class="m_-1095371933183409153gmailmsg gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">>>…Another observation: it is meaningless to compare socialist countries with capitalist countries, because socialist countries can theoretically raise more funds at the federal level than capitalist governments can.  The US government is already very close to the maximum revenue it can generate… spike</span></span><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u><u class="gmail_msg"></u></span></p></div></div></div></blockquote><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></span></p></div><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></span></p></div><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">>…How? They can increase the income tax to 90% if they want.<u class="gmail_msg"></u><u class="gmail_msg"></u></span></p></div></div></div><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">-- <u class="gmail_msg"></u><u class="gmail_msg"></u></span></p></div><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">Stathis Papaioannou<u class="gmail_msg"></u><u class="gmail_msg"></u></span></p><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></span></p><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></span></p><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">Ja, suppose it does.  Then what happens?  Surprise!  The revenue goes down, because those who make a lot of money go elsewhere or go out of business.  What’s the point, if one is just working for the government?<u class="gmail_msg"></u><u class="gmail_msg"></u></span></p><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"><u class="gmail_msg"></u> <u class="gmail_msg"></u></span></p><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg">There is an optimal tax structure for maximizing government revenue.  No one knows for sure what that is, but I can assure you it is nowhere near 90%.  It is probably pretty close to where it is now.</span></p></div></div></div></blockquote><div><br></div><div>But that applies to state taxes as well.</div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div lang="EN-US" link="blue" vlink="purple" class="gmail_msg"><div class="m_-1095371933183409153WordSection1 gmail_msg"><div class="gmail_msg"><p class="MsoNormal gmail_msg"><span style="font-size:14.0pt;font-family:"Calibri",sans-serif" class="gmail_msg"></span></p></div></div></div>
</blockquote></div></div><div dir="ltr">-- <br></div><div data-smartmail="gmail_signature">Stathis Papaioannou</div>