This should scare you.
And the reason this should scare you is that what ultimately guarantees your freedom, what ultimately forces the socialists and leftists of the world to spend within their means, what ultimately keeps governments from stealing everything you own is that there are...
In other words the productive people can just decide to move, or even more easily, invest in other countries.
You tax us at 40% corporate tax rate? Well we'll move.
You want to take 50% of GDP to bribe the lazy masses into voting for you so you can have life long employment at the express of the integrity and future of the country? We'll invest elsewhere.
And now those good ol "developed western nations" are doing nothing short of forming a cartel to normalize and standardize tax rates. I don't care about the military, if this happens you will have effectively a one world government and no natural forces of competition to force these countries to spend within their means.
This does however bring up an interesting development I've noticed. Countries like China and Russian, for god's sake, are going to be the ones who are more free than the "free world." Russia already has a flat tax, China has a corporate tax of only 20%.
Any industrious individual would be wise to sow some seeds in these countries.
And any industrious country would be wise to tell the OECD and this tax cartel of nations to ef off.