OK, this snippet is from the Economist of about a year ago (yeah, spending the last of my frequent flier miles on magazine subscriptions. Hey, it allows me to sample some stuff for a short period of time that I wouldn’t ordinarily purchase).
It certainly is a Euro-centric philosophy expressed in its pages – and Big State to boot. Oh certainly, from time to time, I’ve been surprised that they’ve agreed with my outlook on something. That said, I could not say that their outlook other than Statist and almost always side with growing Govt.
Can you spot what caught my eye? Oh, heck, I’ll make it easy for you:
Higher earners can also be mobile. So many French professionals moved to London in the past decade that Nicolas Sarkozy, France’s president, pleaded with them (and offered tax deals) to come back. Britain is gradually losing its appeal to high-earning foreigners. calculations by pricewaterhouseCoopers, an accounting firm, show that British authorities will take a bigger tax bite out of the pay packet of a married exutive earning 250K Sterling ($370K) than any other G20 nation except Italy.
The need for…