Simplifying tax systems: Pioneered in eastern Europe, flat tax systems seem to work because they are simple
In 1994, Estonia became the first country in Europe to introduce a so-called ?flat tax?, replacing three tax rates on personal income, and another on corporate profits, with one uniform rate of 26%. Simplicity itself. At the stroke of a pen, this tiny Baltic nation transformed itself from backwater to bellwether, emulated by its neighbours and envied by conservatives in America who long to flatten their own country's taxes.
