The Corner

Economy & Business

Today in Capital Matters: Estonia

Meelis Kitsing writes about the advantages of Estonia’s tax system:

Tax policy has been an important ingredient in Estonia’s reform efforts that have been among the most radical and far-reaching of all those seen in Central and Eastern Europe since the breakup of the Soviet Union and the fall of communism in its satellite states. Estonia has implemented profound economic, trade, fiscal, and monetary reform, alongside an overhaul of governance designed to impose the rule of law and deliver efficiency. This has worked in sync with the approach taken to tax policy. Tax policy should not be seen in isolation; carried out well, it can be key to a sound economic environment. In Estonia, that has been the case.

Read the whole thing here.

Dominic Pino is the economics editor and Thomas L. Rhodes Fellow at National Review and the host of the American Institute for Economic Research podcast Econception.
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