Slovakia's Flat-Tax Hit
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Editor's Note: There are a lot of ideas on how to "fix" taxes, though many conflict with each other and most fail. From around the world, here is one of several current prescriptions.
Nestled between Poland, Austria, Hungary, Ukraine, and the Czech Republic, Slovakia has become a top destination for companies looking to establish a foothold in Central Europe. Among its appeals are its free-market bent and educated workforce. Slovakia's chief selling point, though, is a 19 percent across-the-board tax rate.