Albania Leads the Way!…
On the flat tax issue, that is. The folks at the Adriatic Institute send along this news:
In a move aimed at creating a friendlier investment climate and making the economy more competitive, the Albanian government approved a fiscal package last week that includes implementing a 10% flat tax -- the lowest level in Southeast Europe. Corporate taxes will also be slashed to 10%.
"The fiscal revolution, including the regulatory reform, will be faster then forecasted -- increasing GDP and exports," Prime Minister Sali Berisha said after the laws were approved on Wednesday (May 30th).
Albania--come for the taxes, stay for the wild dogs.
The original Zog (as in King) info here.
