The New Orthodoxy; Eastern Europeans put their faith in the flat tax.

From: Newsweek International | Date: February 21, 2005| Author: | Copyright information

Byline: William Underhill

Romania's new prime minister knows his priorities. His country may be struggling with a massive budget deficit, but Calin Popescu Tariceanu isn't asking for painful sacrifices: he's cutting taxes. Within 48 hours of taking office, his government issued an emergency edict to take effect in time for the New Year. From last month, companies and private citizens pay tax at a single rate of just 16 percent. Cue the rejoicing among the country's top earners, previously charged at more than twice as much.

A costly bid for popularity--or the new ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Ironing out the flat tax.
; ...article considers the design and implementation of the Flat Tax.(1) The Flat Tax consists of two parts, a tax on individuals and a...and financial income is not included when received. Flat Tax proposals offer few additional details. We do not...
Flat tax looks yummy but would be a bitter pill.(Originated from KRT FORUM)
; ...That's why it may be a blessing that the desire for a flat tax has begun to subside, sad though this may be. The flat tax is a fine idea, emphasizing as it does fairness. With a flat tax, all taxpayers _ individual and corporate _ would play...
Flat tax and faint hearts
; ...the opposition leader, appointed the flat-tax guru Professor Paul Kirchhof to be her shadow chancellor. Think of it -- a flat tax (an equal tax rate for rich and poor alike...sensing the drift of history, had set up his flat-tax commission to seize that extraordinarily...
Russia's flat tax plan works
; ...admit failure. But Russia's 13 percent flat tax forces me to confess a certain degree...convoluted tax code with a simple and fair flat tax. But as every taxpayer can attest, my...head of the Soviet KGB _ implemented a flat tax in 2001. Not only a flat tax, but a ...
The Fraser Institute: Evidence From 20 Other Nations Shows Canadians Would Prosper if Government Moved to a Flat Tax
; ...more countries around the globe move to a flat tax, Canada could become a magnet for investors...followed suit and adopted a 15 per cent flat tax, recommends a new report released today...organization The Fraser Institute. "The flat tax is anything but a policy experiment. There...
FAT CHANCE FOR FLAT TAX GOP OPERATIVES SAY FORBES CANDIDACY WRECKED THE PROPOSAL WITH BAD SALES JOB.(News/National/International)
; ...Service WASHINGTON -- Supporters of the flat tax are beginning to say it's dead - at least...that the Forbes candidacy killed the flat tax,'' says former Rep. Vin Weber, R-Minn., a supporter of the flat tax who helped found a grass-roots conservative...
Flat Tax Proposal Picks Up Steam
; ...junk the existing tax code and adopt the flat tax as a remedy for those April tax-day blues. A flat tax would impose a single tax rate on all wages...from 15 percent to 39.6 percent. Under a flat tax, there would be one. Most flat tax advocates...
RUSSIA'S FLAT TAX MIRACLE.(Editorial)(Column)
; ...admit failure. But Russia's 13 percent flat tax forces me to confess a certain degree...convoluted tax code with a simple and fair flat tax. But as every taxpayer can attest, my...head of the Soviet KGB -- implemented a flat tax in 2001. Not only a flat tax, but a ...
Flat tax and taxes on production.(LETTERS)
; ...points about moving to a simple flat-tax system and the benefits assigned...Oct. 29). We started with a flat tax in the early 1900s, and it...National Retail Sales Tax, the flat tax and many hybrids of both...painfully obvious that the flat tax does little in the ...
COOLING DOWN HOT ISSUE OF A FLAT TAX.(EDITORIAL)
; Byline: PATRICIA SCHROEDER With the flat tax as his only issue, Steve Forbes' campaign...his father's hot air balloons. But the flat tax is full of holes. And holes and hot air...hole - a black hole no less - is that the flat tax sucks a balanced budget into oblivion...