> If there was a capitalistic system with very few or no poor people, it's > answer to the question of the poor would be extremely interesting. > Tom Grey
Taiwan has develped rapidly while maintaining a distribution of income more equal than that of Sweden. It was able to do this with land reform combined with taxing much of the land rent. A market economy can have both more efficiency and more equity relative to today's economies by shifting taxation off of wages and capital and onto rent. Excessive regulations would also need to be removed. That would go a long way to reducing poverty, without a welfare state. Fred Foldvary ===== [EMAIL PROTECTED] __________________________________________________ Do You Yahoo!? Yahoo! Tax Center - online filing with TurboTax http://taxes.yahoo.com/
