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There are now as many as 16 European countries that have freer market economies than the United States. Even the Scandinavian countries are economically freer—i.e. more capitalist—than the United States.
While anti-capitalist propaganda claims that the rich pay hardly any taxes in the United States, the reality is quite different. The top 20 percent of earners pay 83 percent of income taxes.
America is far from being a country of “unbridled capitalism”. There is far too much regulation, too much government debt to fund government redistribution programs, and too much taxation. America needs more capitalism, not less.
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