Arthur Laffer quoteArthur Laffer [1940-0]
American Economist 
Quote rank: 204
| In 1994, Estonia became the first European country to adopt a flat tax, and its 26 percent flat tax dramatically energized what had been a faltering economy. Before adopting the flat tax, the Estonian economy was literally shrinking. In the eight years after 1994, Estonia experienced real economic growth - averaging 5.2 percent per year. |
SourceThe script ran 0 seconds.
