Sunday, June 15, 2008

Flat tax revolution...even in Estonia NB?

In my last post I linked you up to a blog by Daniel J. Mitchell of the Cato Institute as he praised the Government of New Brunswick and its policy makers for their part in looking into the possibility of adopting a growth-friendly 10 percent flat tax in their next spring budget.

Anyway, I was clicking around a few blogs tonight and noticed that Mitchell has a very good video on YouTube about the Flat Tax Revolution which is currently in place in countries like Estonia, Iceland and Hong Kong. For those who don't know much about the flat tax, or have just heard the typical rhetoric dismissing it as a "far right" policy favouring the rich, I advise you to give Dan's argument in favour of a flat tax a fair shot. It's interesting because a lot of the countries mentioned who have, or are thinking of having a flat tax, are far from being right wing in ideology. (The video is only 6 minutes)



For more interesting videos from the Cato Institute, click here.

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