... During the past two years Albania's government has enacted a number of exciting and eye-opening reforms, says Steve Forbes, editor-in-chief of Forbes magazine.
On the economic front, Prime Minister Sali Berisha proudly points to Albania's now having the smallest government per capita in Europe:
• It has enacted a 10 percent flat tax on both personal incomes and business profits.
• Social security levies have been lowered by 31 percent.
• Tariffs with European countries have been eliminated; government personnel have been cut by almost 30 percent.
[and?]
• Total revenues have surged from 22 percent of gross domestic product (GDP) to 27 percent.
Since the fall of communism, Albania has been a stalwart U.S. ally, even supplying troops to help us in Iraq. Its economic and anticorruption successes are models for other Muslim nations, says Forbes.
[wow. Q: exactly how many times must we see proof of smaller government and less taxation unleashing individuals to do for themselves work elsewhere else before we get it?]
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Tuesday, April 8, 2008
MUSLIM SUCCESS STORY
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