Originally Posted by
jlisenbe
Not a fair statement. Capitalism has done more to lift poor people out of poverty than any other system by far. In the United States, the vast majority of poor people have some sort of disability, are too lazy to work, or have made poor life decisions that hinder their progress, but the problem is not capitalism. "Rags to riches" stories are abundant where capitalism prevails.
That's a great idea, but trying to get rid of deductions in the U.S. would be tough. At any rate, if we went to 10%, our national debt problem would become even worse than it is now since revenues would drop.