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jpadkinsyesterday at 7:01 PM1 replyview on HN

Do you have a historical example of "Little bit of taxes now and accelerate easier"? I can't think of any.


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nine_kyesterday at 7:18 PM

If you replace "taxes" with more general "investment", it's everywhere. A good example is Amazon that has reworked itself from an online bookstore into a global supplier of everything by ruthlessly reinvesting the profits.

Taxes don't usually work as efficiently because the state is usually a much more sloppy investor. But it's far from hopeless, see DARPA.

If you're looking for periods of high taxes and growing prosperity, 1950s in the US is a popular example. It's not a great example though, because the US was the principal winner of WWII, the only large industrial country relatively unscathed by it.

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