10/4/2023 0 Comments Estonia flat tax![]() ![]() ![]() One of those involved in that research was German economist Alexander Klemm. ![]() "In Spain about one-fifth of the economy is the black economy, and they are thinking of implementing the flat tax to bring this part out in the open and tax it."Īpart from reducing tax evasion, advocates of the flat-rate tax argue that it both encourages the unemployed back into work and those already in employment to work harder.īut research conducted in Russia by the Institute of Fiscal Policy has come up with different findings. People are more willing to pay the correct tax burden when the tax is lower," he says. "Because it offers a lower rate of taxation, the flat tax reduces the incentive for tax evasion. Romanian economist Andrei Grecu, who recently published a paper for the London-based think-tank the Adam Smith Institute, advocates a flat-rate tax for Britain. However, to date no Western country has introduced a flat-rate income tax. Slovakia adopted radical economic reforms and growth has soared ![]()
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