|
By Daniel LACALLE *
Whenever we talk about tax cuts and growth-oriented tax programs in Europe, many tell us that “it is not possible” and that the European Union does not allow it. However, it is false. Attractive, growth-oriented tax systems are not only possible in the European Union, but those countries that implement them have higher economic growth rates, less unemployment, and a well-funded welfare state.
To deceive us, we are forced to ignore Ireland, The Netherlands, and Luxembourg as well as most of the technology and job creation leaders. Lower taxes and greater liberalization than in the rest of the Eurozone means higher growth, better wealth, and greater social welfare. The economic miracle of Ireland is not statism. Its secret...
|