Nuggets of Wisdom

Monday, March 14, 2016

America Should Be More Like Denmark (For The Wrong Reasons)

Bernie Sanders says that America should be more "socialist" like Denmark. I agree with him, but for all the wrong reasons. Denmark has a 22% corporate tax rate (US: 35% corporate tax rate), no legislated minimum wage (US: $7.25 per hour minimum wage), and is the 3rd best country for doing business (US: 7th best country). Turns out Denmark isn't really that socialist. Even its prime minister admits that.