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How credible/valid is the Index of Economic Freedom? Is the way its being measured even remotely accurate to fit the proper definition of the measurement?
Leaf here, and I just find it kind of hard to believe we have more economic freedom than the yanks.
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>>1675765
America has a 35% corporate tax rate, faggot. Kys.
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>>1675848
Thanks bitch, defiantly a response worth waiting for.
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Keep in mind Canada's economy is only very slightly more free than the USA's. The Heritage foundation ranks it at 78.0 compared to Americas 75.4. Historically the US was more free but has lowered during the Obama administration while Canada has steadily gotten freer over time, surpassing the US in 2010.
The most significant distinction between the two seems to be fiscal freedom, were Canada scores 80.0 to Americas 65.6. This is due to significantly lower top income and corporate tax rates and debt/deficit.
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Also note that a more generous welfare state will not necessarily lower economic freedom. Instead a higher tax burden will but some welfare programs which may appear significant can be surprisingly cheap.
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Well, everybody has an agenda, but Heritage is a scholarly organization so they'll at least tell you how they calculated it.
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