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Thursday, May 25, 2006

Estonia to set an example

Estonia has set an ambitious goal: to become one of the richest countries in the EU. And to accomplish that they intend to stay on the path of economic liberalism. Estonia is decreasing taxation annually and intends to lower its flat tax rate (now at 23%) to 12% by 2015. It's truly a great thing that the fresh markets from the former Soviet Bloc/Union are embracing the wicked ideas of "neoliberalism" of which the left warned these nations so many years ago. Luckily the left-wing idiotarians were ignored except in Belarus where the people are still enjoying the fruits of economic socialism.

"Who could have believed some 15 years ago that the most powerful free-market winds would now be blowing from the East instead of the other way around?" -Hans Labohm

More on Estonia's taxation:
-The Economist
-TCS Daily
-CATO
-MTV3
-BBC
-Free Europe

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2 Comments:

Blogger Giustino said...

Estonia still provides you with free education and health care (although dentistry is sadly not covered).

It shows you that there really are different ways to accomplish things...

May 26, 2006 5:58 AM  
Blogger Mikko Sandt said...

Or Hong Kong. Low taxes, most economically liberal region in the world and yet they manage to pump out students that rank even higher than those of Finland's.
Or take another extreme - the US, where the government is inefficient at funding both public shools and health care programs in spite of the fact that they spend more money per head than our welfare states do.

May 29, 2006 12:36 AM  

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