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September 25, 2005
Poland Swings Right in Parliamentary Elections
It isn't easy for former slave-states to move toward true freedom, a main pillar of which is economic freedom. It seems to come in fits and starts. Well, here's another start.
This would be important for the future direction of economic reform in Poland, since Civic Platform is committed to radical change to stimulate the economy, including the rapid adoption of the euro and the introduction of a 15 percent flat tax rate for personal, company and consumption taxes.
Oh, flat taxes are exciting.
I spoke to a Pole a couple of years ago who lamented to me that many in his country were still unwilling to let go of their 'guaranteed' subsistence-wages-for-minimal-output way of life. The scrappiness that full-on capitalism requires frightened many.
Not so much anymore it would seem.
Let us raise a glass to the Polish people and wish them well in this time of change and opportunity.
posted by Laura. at
10:17 PM
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