The World's Most Taxed Workers Get a Break
Last week Belgium's one-year-old government announced measures, radical by that country's standards, to move the burden of taxation to consumption from labor. The measures are being hailed as the start of a new social contract in the heart of Europe. While the fiscal impact may be limited, the change to taxation may give the country some breathing room to tackle its large public debt. And it may give other high-tax countries some useful ideas.
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