Sunday, December 24, 2017

15% Flat Tax: Tax Reform Italian Style

Want to see the one of the world's best tax reform plans?  It was developed by Armando Siri, current economic advisor to Italian Prime Ministerial candidate Matteo Salvini of the Northern League.  The Nothern League will be joining two other free-market, low tax parties in a coalition to contest Italy's next national election, likely in March 2018.

If elected, and if Salvini becomes Prime Minister, one of its first actions will be to introduced its 15% flat tax plan.  This would be the beginning of Italy's resurgence, and a model for other European countries.  Here's hoping.

(Disclosure:  I advised Armando Siri on the development of his 15% flat tax.)

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