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Oh to be in Denmark

Yet again there is nothing like a Dane, and there is not much rotten in the state of Denmark:

"The prime minister's Liberal Party has announced it is ready to lower income taxes for the country's highest earners. Previously, the Liberals had refused to budge...

Previously, the Liberals had refused to budge on the issue. But Lars Løkke Rasmussen, the finance minister, said a slowing economy made the tax breaks necessary.

The Conservative Party, the governing coalition's junior member, supports lower takes.

...

Rasmussen said creating more disposable income for the highest earners will help stimulate the stalled economy and is important for groups on the cusp of the higher tax level, such as nurses, firefighters and teachers".

Pretty good, eh? But here comes the astonishing bit:

"The plan to cut top level income tax has got recent support from both the Social Democrats and the Socialist People's Party". (Latter are a green / red group - a bit like an infected wound)

The only major refuseniks appear to be the Danish People's Party - sound on some things, less sound on others.

Laffer Curves, anyone?

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