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.