Uncle Sarko Kindly Demands Your Independence | ZeroHedge

'Old' Europe vs the vibrant robust Europe has caused the effete to try to harmonize taxes so that everyone is under the same sclerotic lead weights that face France and Germany....

SARKOZY SAYS EURO ZONE MUST FURTHER INTEGRATE
SARKOZY SAYS TROUBLED EURO COUNTRIES DIDN'T UNDERTAKE REFORMS
SARKOZY SAYS EURO ZONE MEMBERSHIP IMPLIES OBLIGATIONS
SARKOZY SAYS EUROPE'S FUTURE REQUIRES CONVERGENCE

The words integrate and convergence are code words for raising taxes and foisting deadening regulations on businesses. And raise taxes to the absurdly high rates of the worst of 'old' Europe. See, the problem with countries like France and Germany is that high taxes are driving productive and profitable enterprises and wealth creation to lower tax nations within the EU. This leakage will only get worse as financial distress facing Europe that we have not seen on this continent since the great wars will force companies, people and industries to adjust to devastatingly difficult economic environment. On the margin, this will shift productive resources to less hostile environments. Expect that Europe, that never went through the good economic times enjoyed by most of the world in the 80's and 90's to have a devastating difficult and cathartic recession in the coming years.

The problem in the US, is that the communist Democrats are pining for higher national taxes seeking these destructive taxes in order to create their Utopian European dreamland that will be nightmare for the rest of us. In the EU, people there still have choices as long as they have the liberty to move freely to less hostile economic environments. However, in the US, the Democrats are trying their best to create a harmonized national hostile environment. The hostile environment that we have already created has forced many businesses and people to seek opportunity in other nations that are more friendly. This has disenfranchised the working people of the US and given that people can take the nation back from the leviathan, it will still take decades to offer the opportunities to our children that were available to us and our predecessors.

Uncle Sarko Kindly Demands Your Independence | ZeroHedge