quarta-feira, setembro 14, 2005

A ghost is wandering in Europe

There is a ghost wandering in Europe.. the ghost of the flat tax.

It is very likely that nobody in southern europe - especially in Italy- knows what it is, and maybe that is not too bad.

Anyway, if you want to read about it, simply type the magic words in google and you will get the worst of the crap from the neo-con movement. Actually, the idea comes from the US (where it is well known that economic growth goes together with civilization, as Katrina has shown). It has been implemeted though in those manifestos of civilization that are the european eastern countries (talking about racism, one of my favourite topics, has some blog readers watched the post-newsnight on Slovenia on BBC2 last night?) and now even in Russia...what an heaven. Think that the Adam Smith institute was citing as an example to follow the abolition of inheritance tax in Russia. Putin, the free market champion.. Certain people simply lack a sense of ridiculous..
I would suggest them to study the italian case.

Anyway, it is important - I think- to start understanding the danger and getting ready for the battle. I suspect it will become an hot topic, depending very much on the German election outcome.

I am still recovering form house-hunting, so I simply leave here the link to an article that I found quite amusing (by the way, it comes from the web site of a right wing institution):

http://www.mises.org/rothbard/flattax.pdf

4 Comments:

At 9/15/2005 5:50 da tarde, Anonymous Pedro said...

The reason why a flat tax rate is generally perceived as regressive is the simple fact that it is indeed regressive. The German CDU is dropping recursively in intention polls, despite Mr Schroeder‘s poor performance; analyst seem puzzled by this, but I don’t see what else should be expected to happen to those who promise to engender prosperity at the expense of the less prosperous.

 
At 9/16/2005 10:21 da manhã, Blogger Nuno said...

"It's dropping recursively". What does this sentence mean? Does this mean that you, or another brilliant economist, defined a recursive function measuring the rate at which CDU is dropping in the intention polls in Germany? Because I cannot possibly find another meaning for it.

 
At 9/16/2005 1:15 da tarde, Anonymous Pedro said...

Nuno,
Thank you bounteousness, but I don’t deserve to be placed among the “brilliant economists” of our age. You are right, however, in spotting the abusive economic jargon: I have employed the term “recursive” to describe a self-fulfilling decreasing trend; that comes straight from the jargon.

 
At 9/16/2005 1:28 da tarde, Anonymous pedro said...

Thank you FOR YOUR bounteousness, I mean...

 

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