Estonia is a leader in the global flat tax revolution, and now has the most competitive tax code in the OECD.

Five Big Reasons to Applaud the Improbable Success of Estonia…and Five Small Reasons to Worry

by Dan Mitchell



Communism is an evil system. Freedom is squashed and people are merely cogs in a system where government exercises total control over the economy anddestroys the lives of ordinary people.

It also erodes the social capital of a people, telling them that individual initiative and success are somehow exploitative and evil.

So when such a system ultimately collapses after being in place for decades, one would not expect a fast rebound. After all, it’s presumably difficult to restore the characteristics of a free society such as a work ethic, personal responsibility, and a spirit of entrepreneurship.

This is why Estonia is such an improbable success. It was under the heel of Soviet communism from World War II until the early 1990s.

Yet as illustrated by this television program about Estonia, which recently aired across the country, there’s been a remarkable recovery and renaissance in this small Baltic republic.


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