Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

The Flat Tax Spreads to Georgia

by Alvin Rabushkavia russianeconomy.org
Monday, January 3, 2005

On December 22, 2004, by an overwhelming vote of 107 to 11, Georgia's parliament adopted a new tax code.

Analysis and Commentary

The Flat Tax Spreads to Romania

by Alvin Rabushkavia russianeconomy.org
Monday, January 3, 2005

The new prime minister, using a special ordinance, installed the flat tax of 16% on personal and business income to be enforced starting January 1, 2005.