05 maio 2008

micro-management

With hidden taxes he took with one hand and gave with the other through tax credits and other special programs. This micro-management of the national well-being was a success, as long as there was money to pay for it.
Now, in the midst of crisis, the unforeseen consequences of this complexity have caught up with him. Companies are threatening to move abroad, because they are fed up with ever more complex taxes. And Labour's core supporters are rebelling against the abolishment of a low tax rate, which Brown himself introduced a few years ago.
Once Britain had a simple tax system, light regulation and a slim state. Brown's micro-management has turned these into a bureaucratic apparatus, which creates a new problem every time it tries to solve one.
Publicado pelo Handelsblatt, sobre as políticas de Gordon Brown.

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