Sunday, 13 May 2007

Tax Cuts. Why the Big Squabbles?

All across the terrestrial globe, nations are cutting their tax rates. From Estonia to Australia to (soon-to-be-cutting) France, nations are feeling the positive effects of lower taxes. In Estonia, my favourite nation, the tax rate is at a flat 20%. The tax-cutting countries are enjoying higher growth, greater prosperity and more entrepreneurship than the small amount we have here. Yet we have a surplus of billions.

So why not, Michael? What's so evil about tax cuts? Or are you really against production and prosperity?

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