Monday, June 13, 2005

Funny Liberals

Don't ask me why but Belgian liberals are shy of tax cuts. The prime minister wants to replace taxes on labor with consumption taxes. We need tax cuts more than 'tax changes'.

It is a bit like biking on an old an rusty bike (the Belgian economy) with only some air left in both tires. So both should be pumped up. No, what does Verhofstadt suggest? That we should pump up one tire, and leave some more air out of the other tire. Will that make us bike any faster?

It was a bit the same on the recent convention of the liberal party VLD about the flat tax. It was there that another Belgian invention reached the surface: the "step-tax". A flat tax with two levels. And they still dare to call it flat tax. Why will the liberals loose the elections again?

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