Monday, August 29, 2005

Flat Tax "on the March Across Europe"

The appreal of a flat tax-rate is growing. First championed in the ex-East bloc nations of Europe, the idea is gaining high-profile adherents across Europe. In Germany, for example, Chancellor-candidate Angela Merkel of the centrist CDU has appointed Professor Paul Kirchhof, a prominent flat-rate guru, to her election team as economics spokesman. Whilst noone thinks Kirchhof will be able (should Merkel win) to translate his thinking into instant policy, it is a clear signal that Europe's largest market, and most sclerotic economy, is opening up to new fiscal approaches.

Telegraph | Opinion | Whatever Brown says, the flat tax is coming

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