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The country where the promise of a new tax is cheered

In this case, Croatia, with the tax in question being capital gains tax.

Stipe Mesic, president of Croatia is behind this idea, and a May Day rally in Zagreb cheered the idea to the echo. As ever, the tax is not popular because of concern for sound money or somesuch, but rather because of its facilitating of a nice bit of class war: "Mesic said that some of the capital stolen in the process of privatisation could be returned by imposing taxes on capital gain and large inheritances".

Pretty odd for a former Christian Democrat.

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This entry was posted on Wednesday, May 02, 2007 at 8:05 am. You can skip to the end and leave a response.

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