The first part of tonight’s debate had Romney, Thompson and Huckabee fighting over who could be relied upon to carry on the Reagan tradition of cutting taxes. But as painful as our taxes in America are, they don’t compare to taxes in Europe.
Earlier today on the other side of the Atlantic, another leader attempted to stem his poll numbers from their continual slide. Despite his ostensible reformation from a communist into a redistribution happy socialist, Prime Minister Prodi announced his plans for the extra cash, from Italy’s unexpected growth in the third quarter of last year, in a speech where he proposed the unthinkable, at least for a socialist. He cut taxes.
Perhaps paying down the deficit would have been more prudent, but hey, at least he’s providing relief for hard-working Italians, who, like most Europeans, pay too much of their income in taxes. But his speech today on lowering taxes proves just how desperate he is to maintain his tenuous grip on power and how dissatisfied the Italian people are with his lackluster tenure.
Lowering taxes, or promising to, is one electoral move sure to raise even cellar-dwelling approval ratings.