While several of the larger (and formerly regarded as “free”) nations of Europe languish with high unemployment and microscopic economic growth rates, quite a few of the smaller (and often formerly Communist) nations are enjoying robust economic growth thanks in large part to their low tax rates. You can read about it here.
It’s too bad that Governor Easley insists on playing the role of Chancellor of Germany rather than the leaders of Estonia, the Czech Republic, or Ireland, just to give three examples, with regard to taxation. A growing government always gets in the way of prosperity.
