Posted on 11/27/2004 1:02:43 PM PST by Kitten Festival
He's won. Italian Prime Minister Silvio Berlusconi has succeeded in cutting taxes. In Italy. The captain of his nation's ship, who had gripped the helm and vowed to hurl his entire balking government over the side if they refused to stand with him, took a tremendous risk. But last night, the storm ebbed and Berlusconi sailed to victory. Tax cuts, $8.6 billion, are coming at last to high-tax Italy, a country whose previous governments had driven 25% of its economy underground, and much more underwater, with Italy's crushing 43% of GNP tax burden.
This portends well for tax-cutting in the rest of Europe, where even moribund socialist governments there are starting to get the picture.
(Excerpt) Read more at americanthinker.com ...
He is a brave man indeed. All my prayers go with him.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.