Posted on 12/26/2008 8:22:28 AM PST by Dallas59
Comparing Detroit to Hong Kong isn’t exactly fair. As you must know, Hong Kong was for decades the jewel of the capitalist world, and did not rejoin China proper until very recently.
“You are right, of course. I was answering a specific challenge that Tublecane made to me.”
I reject the notion that Hong Kong is a Chinese city, in anything but name, on the grounds that its every admirable quality derives from the fact that it wasn’t Chinese for a considerable period.
New York City Taxes: Too many to name here, but for a primer of taxes under Obama go here: Obama Tax on New Yorkers
Bottom line is that Friedman is almost always wrong, is completely liberal and can't see how taxes are one of the main differences in what he sees in Hong Kong vs. what he sees in New York City.
ARRRGGGHH!!! http://www.nysun.com/new-york/tax-rates-for-new-yorkers-would-top-50-under-obama/82191/
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