I think the problem is this: you have two parties, the Democrats, they want to spend and the Republicans, they don`t want to increase taxation.
I think, as an economist, I would say that the Republicans are probably closer to the "right way", mainly to spend less and to actually lower taxation for everybody.
But my argument as always been, the best for the US would be to have a flat tax on everybody. - in Financial Survival Radio
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
