Well..it's a complicated and interesting question/theory you're asking/proposing..

High taxes, fees and regulations certainly incentivize debt driven economy. You always hear people saying " loans are basically free" and they are. I'm not sure if that's directly related to taxation, but I guess on some level it is? Since people try to avoid paying taxes (no one pays taxes with a smile around their mouth. People SAY they do, but we all know they are hypocritical assholes) they try to find as many loopholes as possible.

Came to think of it..as most norwegians identify as anti-capitalists..have you ever heard or seen a norwegian brag about how much they sold their house for? EVERY TIME :) "The market decides" "You know, it's all about supply and demand you know" lol..hypoctrites. NOW free markets are allright in your book, just because you finally made some money.

I'm not sure if that' what you meant?