Wednesday, March 09, 2005

There was a great article in the Christian Science Monitor yesterday on Europe’s flirtation with tax reform, specifically the hotly debated Flat Tax. Several Eastern European countries have experimented with a variety of flat income and corporate tax initiatives, with resoundingly positive economic results. Western European response to the burgeoning flat-tax movement sweeping across its former Communist Bloc neighbors has been derisive, with several major EU countries contemplating ways to blunt the tax reform efforts of the organization’s lesser members.

It seems rocking the boat by implementing pro-growth, low tax regimes is a major faux pas for Old Europe’s stodgy socialist bureaucracy. Pity.

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