Wednesday, June 29, 2005

Broadway Gerhardt is at again

Doing an "Anti-Reagan", Kanzler Schröder raises top tax rate a year after dropping the top tax rate:

«Other observers were also unimpressed, pointing out that Mr Schröder had only just lowered taxes for top-earners, at the beginning of the year, as part of his attempt to revive Germany's sluggish economy.»

Since the Socialism + Corporatism model seems to be working so well now, why bother encouraging small business creation? After all, who needs ingenuity and innovation anyway, eh?

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